R-Squared in One Picture
R-squared measures how well your data fits a regression line. More specifically, it’s how much variation in the response variable your linear model explains. it i...
Home » You searched for 2
Search Results for: 2
Simulated Significance
I pulled out a dusty copy of Thinking Stats by Allen Downey the other day. I highly recommend this terrific little read that teaches statistics with easily understood e...
Harnessing Potential of Artificial Intelligence In Energy and Oil & Gas
The energy industry is undergoing a rapid transformation in recent past owing to the enhanced role of renewables and enhanced data-driven models making the value chain sm...
Basic Statistics Concepts Every Data Scientist Should know
Introduction Data science is a multidisciplinary blend of data inference, algorithm development, and technology in order to solve analytically complex problems. At the co...
Build Your Intelligent Enterprise through a Data Fabric
The future offers interesting and exciting times ahead for most businesses. With data being a big influencer in the enterprise of the future, it is a matter of time befor...
6 Important Steps to Building a Successful Factory of the Future
What is the factory of the future? Is it a synonym to Industry 4.0, or is it a different concept in its own right? Industry 4.0 and the factory of the future might sound ...
10 Areas of Expertise in Data Science
The analytics market is booming, and so is the use of the keyword – Data Science. Professionals from different disciplines are using data in their day to day activities...
Simple Trick to Remove Serial Correlation in Regression Models
Here is a simple trick that can solve a lot of problems. You can not trust a linear or logistic regression performed on data if the error term (residuals) are auto-correl...
Top AI algorithms for Healthcare
The benefits of AI for healthcare have been extensively discussed in the recent years up to the point of the possibility to replace human physicians with AI in the futu...
How to Visualize AWS Cost and Usage Data Using Amazon Athena and QuickSight
Introduction One of the major reasons organizations migrate to the AWS cloud is to gain the elasticity that can grow and shrink on demand, allowing them to pay only for r...