Support vector machines are a type of machine learning classifier, arguably one of the most popular kinds of classifiers. Support vector machines are especially useful for numerical prediction, classification, and pattern recognition tasks. Support vector machines operate by drawing decision boundaries between data points, aiming for the decision boundary that best separates the data points … Continue reading What are Support Vector Machines?
Deep learning systems are able to learn extremely complex patterns, and they accomplish this by adjusting their weights. How are the weights of a deep neural network adjusted exactly? They are adjusted through a process called backpropagation. Without backpropagation, deep neural networks wouldn’t be able to carry out tasks like recognizing images and interpreting natural … Continue reading What is Backpropagation?
Are you trying to predict time series but don't know where to start? This blog post will provide a comparison of the most prominent techniques and show you how to implement them. Business Problem Time Series prediction can be used in a number of business areas. You can think of a number of areas and … Continue reading A short introduction to Time Series
As part of our interview cycle, candidates work with some data and build a simple model. After we talk through the modeling and data work, I ask them to come up with a business case for the model. Once they have done so, I follow up with: How would you measure the success of this … Continue reading Interview Question: What Machine Learning Metric to Use
A confusion matrix is a table that is often used to describe the performance of the classification model (or "classifier") on a set of test data for which the true values are known. The confusion matrix itself is relatively simple to understand, but the related terminology can be confusing. Confusion matrix A classification problem can be evaluated … Continue reading Simple Guide to the confusion matrix
In this guide, we’ll walk you through exactly what overfitting means, how to spot it in your models, and what to do if your model is overfitting. By the end, you’ll know how to deal with this tricky problem once and for all. Table of Contents Examples of Overfitting Signal vs. Noise Goodness of fit … Continue reading Overfitting in Machine Learning
Have you come across the problem of handling missing data/values for respective features in machine learning (ML) models during prediction time? This is different from handling missing data for features during training/testing phase of ML models. Data scientists are expected to come up with an appropriate strategy to handle missing data during, both, model training/testing phase and also model prediction time … Continue reading Data Imputation Techniques in Machine Learning
A memory problem may arise when a large number of objects are active in RAM during the execution of a program, especially if there are restrictions on the total amount of available memory. Below is an overview of some methods of reducing the size of objects, which can significantly reduce the amount of RAM needed … Continue reading Python consumes a lot of memory or how to reduce the size of objects?
Here’s something that might surprise you: neural networks aren’t that complicated! The term “neural network” gets used as a buzzword a lot, but in reality they’re often much simpler than people imagine. This post is intended for complete beginners and assumes ZERO prior knowledge of machine learning. We’ll understand how neural networks work while implementing … Continue reading An Introduction to Neural Networks
In this blog post, we discuss the roles of data analysis in business, discuss how data are used in evaluating business performance, introduce some fundamental issues of statistics and measurement and a support tool for data analysis and decision making. DATA IN THE BUSINESS ENVIRONMENT Data are used in virtually every major function in business, … Continue reading Role Of Data Analysis In Business