## Tutorials

### Intuition Behind Bias-Variance Tradeoff, Lasso and Ridge Regression

Linear regression uses Ordinary Least square method to find the best coefficient estimates. One of the assumptions of Linear regression is that the variables are not correlated with each other. However, when the multicollinearity exists in the dataset (two or

### Econometric Modelling: How It Can Help In Business

Econometric modelling has become a colloquial buzzword, more so with the advent of the big data age. It is applied in all the fields extensively, be it for academic or commercial purposes. Though the term is used commonly, there are

### 6 types of regressions, did you know?

Regression is a branch of statistics that has a major applicability in predictive analytics. Regression analysis is used to measure the relationship between a dependent variable with one or more predictor variables. The goal of regression analysis is to predict

### 10 Python Libraries for Data Science

The popularity of Python as a developer’s choice has been on the rise since the past few years. The programming language has been ranked number one by IEEE Spectrum in 2017. If you are planning to build your career in

### A Simple, Beginner’s Guide to Machine Learning Algorithms

The world today has witnessed some of the great successes of machine learning applications. We all have awed at the working of self-driving Google car and relied on online recommendation engines of Netflix and e-commerce sites. These are essentially based

### Know the difference between four data science techniques

Data science is a vast field to learn. The techniques used in data science help in extracting meaningful insights from data. These techniques also serve as a foundation for many other well-known algorithms. However, they do differ in terms

### Introduction to Logistic Regression

Logistic regression is used to predict a discrete outcome based on variables which may be discrete, continuous or mixed. Thus, when the dependent variable has two or more discrete outcomes, logistic regression is a commonly used technique. The outcome could

### Understanding Neural Network: A beginner’s guide

Neural network or artificial neural network is one of the frequently used buzzwords in analytics these days. Neural network is a machine learning technique which enables a computer to learn from the observational data. Neural network in computing is inspired