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Predictive Analytics
Definition of Predictive Analytics Predictive analytics is the practice of using data mining and machine learning techniques to make predictions about future events. Predictive analytics can be used to predict things such as how likely a customer is to churn, or what the probability is that a particular disease will occur in a population.
E-commerce
Definition of E-commerce E-commerce: E-commerce is a term for the buying and selling of goods and services over the internet. It usually refers to the sale of goods and services by businesses to consumers, but can also describe the purchase of goods and services by businesses from other businesses. What things should be considered when…
Deep Learning
Definition of Deep Learning Deep learning is a type of machine learning that uses multiple layers of nonlinear processing units, called neurons, to learn representations of data. Deep learning architectures can learn to represent data in ways that are more accurate and efficient than shallow architectures. What is Deep Learning used for? Deep learning is…
Eigenvector
Definition of Eigenvector Eigenvector: An eigenvector is a particular type of vector that has a special property: it’s multiplied by a certain matrix (the “eigenvalue matrix”) in such a way that the result is always the same. What is an Eigenvector used for? An Eigenvector is a special type of vector used in linear algebra…
Coefficient
A coefficient is a number that measures how much one variable changes when another variable changes.
