May 7, 2020 | Data Science, Statistics
Coefficient of Variation Coefficient of Variation (CoV) is a measure of relative variability. It is calculated as the ratio of standard deviation (SD) to mean. CoV does not have any unit as it is a...
May 6, 2020 | Data Science, Statistics
Standard Deviation In this blog, we will understand the concept of standard deviation and variance. Standard Deviation is a measure of how much the data is dispersed from its mean. A high standard...
May 3, 2020 | Artificial Intelligence, Data Science, Machine Learning, Python Programming, R Programming
What is Logistic Regression? Logistic Regression is a machine learning technique that is used to model the probability of an event or class having a binary outcome. Logistic Regression is a...
Apr 30, 2020 | Data Science, Statistics
Interquartile Range Interquartile Range (IQR) is the range of the middle 50% of the values in the data distribution. It is the difference between the third quartile(Q3) and the first quartile(Q1)....
Apr 29, 2020 | Data Science, Statistics
Interpretation and Use of Dispersion Measures In our previous blog, we have understood the definition and need of measures of dispersion. It is important to understand the interpretation and usage...
Apr 28, 2020 | Data Science, Python Programming, R Programming
The Training and Testing concept is an amazingly simple, time-tested approach. Right from our school days, we have been applying the Training & Testing approach to evaluate/grade the students....
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