Pickl AI

APRIL 4, 2025

Statistics enables data interpretation, hypothesis testing, and model evaluation. It deals with quantifying the likelihood of events occurring. Event: A subset of the sample space. Probability: A number between 0 and 1 assigned to an event, representing its likelihood. P(A|B) = [P(B|A) * P(A)] / P(B).

Machine Learning 52

Machine Learning Machine Learning ML ML 52

Pickl AI

OCTOBER 15, 2024

This is especially useful in finance and weather forecasting, where predictions guide decision-making. Hypothesis Testing : Statistical Models help test hypotheses by analysing relationships between variables. They identify patterns in existing data and use them to predict unknown events.

Decision Trees 52

Decision Trees Hypothesis Testing Clustering Data Analysis 52

Pickl AI

APRIL 3, 2025

Hypothesis Testing: Formally testing assumptions or theories about the data using statistical methods to determine if observed patterns are statistically significant or likely due to chance. Modeling: Build a logistic regression or decision tree model to predict the likelihood of a customer churning based on various factors.

Data Analysis 52

Data Analysis Data Analysis Data Visualization EDA 52

Pickl AI

SEPTEMBER 12, 2024

Decision Trees: A supervised learning algorithm that creates a tree-like model of decisions and their possible consequences, used for both classification and regression tasks. Joint Probability: The probability of two events co-occurring, often used in Bayesian statistics and probability theory.

Data Analyst 52

Data Analyst Data Science Machine Learning Machine Learning 52

Mlearning.ai

MAY 23, 2023

Decision trees are more prone to overfitting. Underfitting: Here, the model is so simple that it is not able to identify the correct relationship in the data, and hence it does not perform well even on the test data. Some algorithms that have low bias are Decision Trees, SVM, etc. character) is underlined or not.

Data Science 52

Data Science Decision Trees Machine Learning Machine Learning 52

Pickl AI

JULY 23, 2023

Diagnostic Analytics Diagnostic analytics goes further than descriptive analytics by focusing on why certain events occurred. Predictive analytics helps forecast potential scenarios and understand likely future events by analysing patterns and trends.

Analytics 52

Analytics Analytics Predictive Analytics Data Analysis 52

Pickl AI

AUGUST 9, 2024

Students should understand the concepts of event-driven architecture and stream processing. Statistical Analysis Introducing statistical methods and techniques for analysing data, including hypothesis testing, regression analysis, and descriptive statistics. Knowledge of RESTful APIs and authentication methods is essential.

Big Data 52

Big Data Big Data Big Data Analytics Big Data Analytics 52