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Entries by Prakhar Gupta

Getting Started with Linear Regression using a Case Study

Jan 14, 2020

Getting Started with Linear Regression using a Case Study Tuesday, January 14 at 11 a.m. IST In statistics, linear regression is a linear approach to modeling the relationship between a scalar response (or dependent variable) and one or more explanatory variables (or independent variables). The case of one explanatory variable is called simple linear regression. For more than one explanatory variable, the process is called multiple linear regression In linear regression, the relationships are modeled using linear predictor functions whose unknown model parameters are estimated from the data. Such models are called linear models. Most commonly, the conditional mean of the response given the values of the explanatory variables (or predictors) is assumed to be an affine function of those values; less commonly,…

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How Statistics is Used in Data Science

Jan 09, 2020

How Statistics is Used in Data Science Thursday, January 9 at 11 a.m. IST Data Science and Statistics definitions from the Data Science Association’s , “personal code of conduct”: “Data Scientists” means a professional who uses scientific methods to liberate and create meaning from raw data. To a statistician this sounds like a lot similar what applied statistician do : use methodology to make inferences from data “Statistics” means the practice or science of collecting and analyzing numerical data in large quantities. RELATION BETWEEN THE TWO FIELDS, “STATISTICS & DATA SCIENCE”: Does statistics plays a very crucial role in the…

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