Homoscedasticity is constant (or homogeneous) variance in a set of random variables. You may…
The Bias-Variance Tradeoff is a concept that is easy to skip over when first starting out…
Marketing campaigns can be expensive. You want to contact only the people who you think will be…
Every model has uncertainty. The model learns from imperfect or incomplete information, which impacts…
The first few entries in this series have focused on regression problems—that is…
On Day 1, we discussed the limitation on Linear Regression of needing more rows of training data…
Linear regression is one of the simplest machine learning algorithms, and a good place to start…