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Feature scaling: A way to elevate data potential

Data Science Dojo

Normalization A feature scaling technique is often applied as part of data preparation for machine learning. The goal of normalization is to change the value of numeric columns in the dataset to use a common scale, without distorting differences in the range of values or losing any information.

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Decoding Demand: The Data Science Approach to Forecasting Trends

Pickl AI

Data Preparation for Demand Forecasting High-quality data is the cornerstone of effective demand forecasting. Just like building a house requires a strong foundation, building a reliable forecast requires clean and well-organized data. They are particularly effective when dealing with high-dimensional data.

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Artificial Intelligence Using Python: A Comprehensive Guide

Pickl AI

Data Preparation for AI Projects Data preparation is critical in any AI project, laying the foundation for accurate and reliable model outcomes. This section explores the essential steps in preparing data for AI applications, emphasising data quality’s active role in achieving successful AI models.

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Predicting Heart Failure Survival with Machine Learning Models — Part II

Towards AI

Check out the previous post to get a primer on the terms used) Outline Dealing with Class Imbalance Choosing a Machine Learning model Measures of Performance Data Preparation Stratified k-fold Cross-Validation Model Building Consolidating Results 1. Data Preparation Photo by Bonnie Kittle […]

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Statistical Modeling: Types and Components

Pickl AI

They identify patterns in existing data and use them to predict unknown events. Techniques like linear regression, time series analysis, and decision trees are examples of predictive models. Start by collecting data relevant to your problem, ensuring it’s diverse and representative.

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How To Use ML for Credit Scoring & Decisioning

phData

With a modeled estimation of the applicant’s credit risk, lenders can make more informed decisions and reduce the occurrence of bad loans, thereby protecting their bottom line. More recently, ensemble methods and deep learning models are being explored for their ability to handle high-dimensional data and capture complex patterns.

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Understanding and Building Machine Learning Models

Pickl AI

Key Takeaways Machine Learning Models are vital for modern technology applications. Key steps involve problem definition, data preparation, and algorithm selection. Data quality significantly impacts model performance. Ethical considerations are crucial in developing fair Machine Learning solutions.