Statistical Decision Making in Data Science with Case Study
Requirements
- Understanding Statistics
- Beginner to Python
Description
Welcome to the course "Statistical Decision Making in Data Science with a Case Study in Python"
This course is an introduction course where you will learn about the importance of Statistics and Machine Learning in Decision Making. I explained this course with a case study. We start with a problem statement and data then we build the machine learning model. Building a machine learning model is really not enough but getting a decision out of machine learning is the primary goal in Data Science. For that, we will use statistics.
What you will Learn?
Understand the Problem statement (Case Study on Big Mac Index with used in Forex Industry for Predicting Dollar value)
Asking Statistical Question.
Linear Regression (Least Square Regression)
Develop Least Square Regression in Python.
Understand the Outputs
MSE
Degree of Freedom
Hypothesis testing
t-test for coefficient significance
F-test for model significance
ANOVA
Correlation
R-Square
You will learn the approaches towards regression with case study. First we start with understanding linear equation and the optimization function value sum of squared errors. With that we find the values of the coefficient and makes least square regression. Then we starts building our linear regression in python.
For the model we build we necessary test like hypothesis testing.
t-test for coefficient significance
ANOVA and F-test for model significance.
And finally, we answer the question statically. Hope we are seeing you inside the course !!!
Who this course is for:
- Beginner of Python Developer who want to learn Data Science
- Solving question related to linear regression
Instructors
- 4.4 Instructor Rating
- 1,984 Reviews
- 85,049 Students
- 18 Courses
Hi,
We're team of Machine Learning experts, AI developers working together to advance the state of the art in artificial intelligence. You will be hearing from us when new courses are released, answering Q&A and many more.
We are here to help you stay on the cutting edge of Data Science and Technology.
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Data Science Anywhere Team
- 3.9 Instructor Rating
- 753 Reviews
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Sudhir is an experienced Data Scientist with a demonstrated history of working in the information technology and services industry. Skilled in Machine Learning, Deep Learning, Statistical algorithms he mostly worked on Image Processing and Natural Language processing application. He also successfully deployed many data science-related projects in cloud platforms as a service. Strong engineering professional with a Bachelor's degree focused on Electrical and Electronics Engineering.
- 4.4 Instructor Rating
- 1,937 Reviews
- 83,118 Students
- 16 Courses
Convolution Academy is a recently established educational institution that specializes in data science, machine learning, and web development. Founded by a team of experienced industry professionals, the academy is committed to providing high-quality education in these cutting-edge fields.
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