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Decoding the Top 10 Data Science Jargons For Beginners (Commonly Asked In Interviews)
Explanation In Simple English With References
This article is about decoding some of the popular jargon used in data science. It is important to understand these concepts better. They are commonly asked in data science job interviews. Let’s get into the topics.
Dependent and Independent Variables
A dependent variable (target variable) is driven by the independent variables in the study. For example, the revenue for a retail store depends on the number of customers walking into the store. Here the store revenue is the dependent variable. The number of customers walking into the store is the independent variable. The dependent variable is called so because its value depends on the independent variable. Also, independent variables are called so because they are independent of other variables that could impact the dependent variable. Like, the amount of rainfall (independent variable) is independent of the number of customers walking into the store. Both these independent variables help in making a better prediction.
While working on a predictive data science problem. There would be generally one dependent variable and multiple independent variables. Below is a very good…