This article talks about Simple Linear Regression from the scratch – From different types of regression to concepts underlying for evaluation of a model to predicting future values based on regression. The topics covered are – Introduction Some properties of Simple Linear Regression Model Types of Regression Estimating the Best Fitting Line Properties of Least…
Probability Distributions are used as an aid in Businesses while making Financial Risk Assessments, Inventory or Sales Forecasting, Annual Planning, etc. They are also used to determine the probability of demand for certain product or probability of number of people visiting the store in specific time interval and so on. This article mentions basic Discrete…
As the aspiring data analysts and scientists, we have been reading on every second web link that probability lies as the bedrock of the data science. However, we often fail to understand why we should study probability and how it makes relevance. In this article and some other following articles, I have tried to put…
God resides in me and in you, This life is a beautiful gift for all and not just for a chosen few. Probably since my teenage, I have been searching for some answer to the questions like what is this life and why do I have one. If it is all about troubles and confusions…
The beam of sunlight, sharp and bright touched on my forehead as the shuttle took a south turn. The amazing empowering rays were so spectacular that their magnificence could be felt even through my closed eyes. That day, I dared to stare at the sun. Bold and barefaced, I wanted to capture the sight…
I, recently, read a blog from Harvard Business Review, which mentioned that linear regression is the business world’s most preferred technique for establishing relationship between variables. Apparently, it is the basic tool to predict future outcomes. As we understand, linear regression is all about predicting a value of a variable (dependent variable) based on other…
It’s not about having the right financial answers; it’s about having the right financial abilities. Answers are about the past, and abilities are about the future. – Robert Kiyosaki, Author of American Investor Robert has aptly put the words that abilities to explore various financial queries are the real key to unravel the financial puzzles.…
With the advancement in the studies like natural language processing, artificial intelligence and engineering, today we have reached a stage where experts from all these fields are willing to come together to apply their techniques in almost every business field. Because of such expansion, we are now able to collect as well as store extensive…
Open your door all by yourself Nobody will smile and welcome Enter the home and cook for yourself Read a book to talk for a company of some Walk the miles and hurt your legs Thank in your prayers that you survived the day Eat some salad and a bread or eggs Live in…
Stunned at my gesture, pondering how insensitive of me that not a pinch of sadness reflected or a droplet rolled over my cheek as I was parting from my home, hometown and home country. I was feeling something stronger inside than feeling fearful. As if apprehension was almost dead. Unsure about when that happened and…