This article was written by Devin Soni. Markov chains are a fairly common, and relatively simple, way to statistically model random processes. They have been used ...
As a college student, you will often be required to submit a written research paper in whatever field. For such a paper, you will have to analyze different data and come ...
How is AI Used in Manufacturing Industry Now? Manufacturing is one of the main industries that use Artificial Intelligence and Machine Learning technologies to its full...
Enterprise Resource Planning (ERP), which is a buzzword these days, derives its name from its predecessor, Manufacturing Resource Planning (MRP II) and is now helping to ...
When we take into account the insurance and banking industry, data plays a central role in it. Insurance is a people-centric business. A business that heavily relies on a...
This picture compares two different types of bootstrap (parametric and non-parametric) with their traditional counterpart. References Which Bootstrap When? Introduction t...
Gradient Descent has a problem of getting stuck in Local Minima. The following alternatives are available. The following is a summary of answers suggested on CrossValided...
There, I said it. I said the “R” word. And no, I’m not talking the political “R” word. I’m talking about the potential of a… r-e-c-e-s-s-i-o-n. Ther...
Introduction In this article, we want to highlight some key data science use cases in marketing. As far as the key aim of data science is to turn data into actionable ins...
A use case on Logistic regression training Over the last few years there are several efforts for more powerful computing platforms to face the challenges imposed by emerg...