machine learning

Procurement Analytics Use Cases Examples

Last updated: 26th Nov, 2023 The procurement analytics applications is seeing tremendous growth in last few years. With so much…

12 months ago

XGBoost Classifier Explained with Python Example

Among the myriad of machine learning algorithms and techniques available with data scientists, one stands out for its exceptional performance…

12 months ago

Data Science Explained: Framework, Methods, Examples

What is data science? This is a question that many people who are planning to start learning data science are…

12 months ago

Bagging Classifier Python Code Example

Last updated: 25th Nov, 2023 Bagging is a type of an ensemble machine learning approach that combines the outputs from…

12 months ago

Activation Functions in Neural Networks: Concepts, Examples

Last updated: 24th Nov, 2023 The activation functions are critical to understanding neural networks. There are many activation functions available…

12 months ago

PCA Explained Variance Concepts with Python Example

Last updated: 24th Nov, 2023 Dimensionality reduction is an important technique in data analysis and machine learning that allows us…

12 months ago

R-squared & Adjusted R-squared: Differences, Examples

There are two measures of the strength of linear regression models: adjusted r-squared and r-squared. While they are both important,…

12 months ago

Feature Scaling in Machine Learning: Python Examples

While training machine learning models, we come across the need for scaling features in order to have different features contribute…

12 months ago

Machine Learning – Sensitivity vs Specificity Differences, Examples

Last updated: 18th Nov, 2023 Machine learning (ML) models are increasingly being used to learn from data and make decisions…

1 year ago

PCA vs LDA Differences, Plots, Examples

Last updated: 18th Nov, 2023 Dimensionality reduction is an important technique in data analysis and machine learning that allows us…

1 year ago

Confusion Matrix Concepts, Python Code Examples

The confusion matrix is an essential tool in the field of machine learning and statistics for evaluating the performance of…

1 year ago

Maximum Likelihood Estimation: Concepts, Examples

Maximum Likelihood Estimation (MLE) is a fundamental statistical method for estimating the parameters of a statistical model that make the…

1 year ago

R-squared in Linear Regression Models: Concepts, Examples

In linear regression, R-squared (R2) is a measure of how close the data points are to the fitted line. It…

1 year ago

Hierarchical Clustering: Concepts, Python Example

Hierarchical clustering a type of unsupervised machine learning algorithm that stands out for its unique approach to grouping data points.…

1 year ago

Minimum Description Length (MDL): Formula, Examples

Learning the concepts of Minimum Description Length (MDL) is valuable for several reasons, especially for those involved in statistics, machine…

1 year ago

AIC & BIC for Selecting Regression Models: Formula, Examples

Are you grappling with the complexities of choosing the right regression model for your data? You are not alone. When…

1 year ago