Support Vector Machines: A support vector machine (SVM) is a computer algorithm that is used to learn and predict patterns of behavior. SVM algorithms are used to create models that can be used to predict outcomes, or to classify data into discrete categories. It works by constructing a kernel matrix representing the training data, and then finding the optimal hyperplane that separates the two classes of data.
Bivariate Analysis is the examination of two sets of data, typically in order to identify any correlations between them. This can be used to inform further analysis, or to gain a better understanding of the data…
Definition of Waterfall Chart Waterfall chart: A waterfall chart is a type of data visualization that shows how a starting value (in the y-axis) changes over time (in the x-axis) through a series of intermediary values. It’s often used to illustrate how different factors contribute to a final outcome.
Definition of Linear Regression Linear Regression: Linear Regression is a statistical technique that helps us understand how one variable (the dependent variable) changes when other variables (the independent variables) change. It does this by fitting a line through a set of data points, and then using the line to predict the value of the dependent…
Definition of Labeling Labeling: Labelling is the process of attaching a label, or name, to a particular instance of data. This can be done manually, or through automated means. Labels can be used to help identify and group data, as well as to track changes over time. How is Labeling used? Labeling is an important…
Business Intelligence (BI) is the process of gathering, organizing, and analyzing data to help business leaders make better decisions. BI can include everything from analyzing sales data to tracking customer…