Introduction to Bayesian Statistics: Basic Concepts and Applications
Bayesian statistics is a mathematical approach that involves the application of probability (mostly conditional probability) to solve statistical problems. This approach involves initial “prior” beliefs (or probabilities) about an event which is updated when new evidence emerges through data collection. This results in ‘posterior’ beliefs which form the basis for Bayesian inferences. Often, people tend […]
A beginner- friendly guide to understanding Machine learning concept using python
What is Python? Python is the most used high-level was developed by Guido van Rossum and released first on February 20, 1991, It is interpreted programming language known for its readability and clear syntax. It provides various libraries and frameworks that simplify machine learning development. Python’s versatility and active community make it an ideal language […]
Using Power BI for reporting and analysis
Power BI for business intelligence: Using Power BI for R Introduction: Business Intelligence (BI) tools act like smart helpers for companies. Imagine having a friendly guide that takes all the messy information around and turns it into useful insights. These tools help bosses and decision-makers by giving them real-time info in a way that’s easy […]
Overview of Power BI and its Components
Mastering Power BI: A Comprehensive Guide for Beginners Contents Introducing Power BI………………………………………………………………………. 3 Parts of Power BI………………………………………………………………………… 3 The flow of work in Power BI………………………………………………………. 4 Power BI Desktop:………………………………………………………………………….. 4 Power BI Desktop Interface: The Report has five main areas……………. 5 Querying Data from CSV…………………………………………………………………. 6 Query Editor……………………………………………………………………………….. 6 Exercise 1: Get Started with Query […]
Big Data: A Comprehensive Guide to Apache Hadoop, MapReduce, and Spark
Introduction In the rapidly expanding realm of technology, the proliferation of big data has revolutionized the way organizations manage and analyze vast troves of information. This surge in data volume, velocity, and variety has given rise to innovative technologies designed to process, store, and extract meaningful insights from colossal datasets. Among these technologies, Apache Hadoop, […]
Data Science Applications: Explore how data science is applied in various domains
Data Science Applications: Explore how data science is applied in various domains, such as finance, healthcare, marketing, and social sciences In the dynamic landscape of today’s digital world, data science has emerged as a pivotal force driving innovation and decision-making across a multitude of domains. From finance and healthcare to marketing and social sciences, the […]
Difference between Machine Learning, Deep Learning, and NLP with Examples
Exploring the Foundations: Machine Learning, Deep Learning, and Natural Language Processing (NLP) Machine Learning: Machine learning algorithms analyze data, identify patterns, and make predictions or decisions based on those patterns: Machine learning algorithms are designed to process input data, extract relevant features, and learn patterns or relationships within the data. This enables them to make […]
Introduction to Supervised Machine Learning
Supervised learning is a machine learning technique that is widely used in various fields such as finance, healthcare, marketing, and more. It is a form of machine learning in which the algorithm is trained on labelled data to make predictions or decisions based on the data inputs. In supervised learning, the algorithm learns a mapping […]
What is the difference between Supervised and Unsupervised Learning?
Exploring the Power of Supervised and Unsupervised Learning in Machine Learning Supervised learning Supervised learning is a machine learning approach that involves training a model on labeled data, where each data point is associated with a known output or target value. The model learns from this labeled data to make predictions or classify new, unseen […]
Data science projects on Supply Chain Domain
Supply chain management is a multifaceted process that involves the coordination and management of a vast network of suppliers, manufacturers, distributors, and retailers. The use of data science techniques has emerged as a powerful tool for optimizing supply chain operations, reducing costs, and improving customer satisfaction. In this blog post, we will explore a range […]