What is Mean? Mean of any given distribution is a measure of central tendency of that distribution. Mean is also known as Arithmetic Mean or Average Value or Expected Value. For a data-set with discrete real values mean can simply be computed as sum of all the values in data-set divided by the number of … Continue reading How to apply Mean and Standard Deviation?
1. What is Machine Learning? Machine learning is the ability of a computer to derive rules and patterns from given set of data. To derive these insights statistical tools are deployed through machine learning algorithms. Machine Learning algorithms break down the data (aka training data) to formulate best-fit mathematical models. Machine Learning can be broadly … Continue reading A Primer on Machine Learning : Unsupervised Learning, Supervised Learning – Regression and Classification