Posts In Category "Data Analytics"
The Five Major Assumptions of Linear Regression
Before we go into the assumptions of linear regressions, let us look at what a linear regression is. Here is a simple definition. Linear regression is a straight line that attempts to predict any relationship between two points. However, the prediction should be more on a statistical relationship and not a deterministic one. This quote […]
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Coefficient of Variation Formula – The Concept & Applications
The coefficient of variation is a frequently used term in statistics. In statistics, one cannot take things at face value. The data on hand could reveal one thing, whereas a more in-depth examination could end up revealing something else. Hence, this definition of statistics has become famous all over the world. “Statistics is like a […]
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How To Use Vlookup in Excel?
Using Excel for most of your time in office and still can’t get enough of how many different commands it holds inside? Don’t worry, we have been there, and to be honest, we are still learning new commands day in day out on Excel. Today we are going to discuss Vlookup in excel and how […]
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A-Z Guide for Learning Sampling Techniques
Data Science is the extraction or derivation of insights from massive volumes of refined or unrefined data. Sampling is a technique used (in data science and other fields) to create subsets of smaller data sets, to study it and apply its inferences on the entire volume of data. Using sampling techniques to derive insights drastically […]
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A Complete Tutorial on What is Data Analytics
Everyone is talking about Data Analytics these days. It happens to be one of the trending careers all around the world. There is a constant need for people to keep upgrading their skills and knowing what is data analytics. As we see the ever-growing rise in the domain of Data Analytics. If they don’t put […]
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What is Vlookup in Excel: 10 Things You Need to Know
Vlookup is a built-in function in Excel found under Lookup & Reference tab. Vlookup performs a vertical search in the first column of a table and returns the value in the same row on the right. Vlookup is best used when you have vertical alignment of data sets in a structured table, and a column […]
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Discriminant Analysis: A Complete Guide
Discriminant analysis is a vital statistical tool that is used by researchers worldwide. Machine learning, pattern recognition, and statistics are some of the spheres where this practice is widely employed. So, what is discriminant analysis and what makes it so useful? Discriminant analysis, just as the name suggests, is a way to discriminate or classify […]
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An Ultimate Guide on How to Become a Data Analyst in 6 Months
Do you also want to know how to become a Data Analyst? Does Data Analytics excite you? If yes, keep reading. Data Analysts will be one of the highest-paid jobs in demand in 2020, according to a recent report published by the World Economic Forum. The same tone is echoed in the LinkedIn Workforce Report […]
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An Ultimate Guide to Understanding Time Series Forecasting
As the name might make you guess, a ‘time series’ in time series forecasting is a series of data points indexed as per the time order. Alternatively, it is a series of values for a quantity obtained at successive times. These data points often are at regular intervals. For example, the solar radiation intensity data […]
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An Ultimate Guide to Understanding Cognitive Computing
There was a quote that I remember a good samaritan saying to me, “However smart your devices and gadgets become, they can never do what humans can do in a way that humans can do.” And I am sure everyone would have had someone say that to you. The point is, he wasn’t entirely wrong, […]
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