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Data Science Team

Machine Learning

One Hot Encoding

Categorical encoding is a technique to encode categorical data. Keep in mind that categorical data are the sets of variables that contain label variables...

Mathematics & statistics

False Negative

While understanding the hypothesis, two errors can be quite confusing. These two errors are false negative and false positive. You can also refer to...

Wiki

Lorenz Curve

What Is a Lorenz Curve? An American economist, Max Lorenz, introduced the concept of the Lorenz curve in 1905. He proposed a graphical representation...

Wiki

Tokenization

Tokenization is not a new concept, as people frequently use it in the blockchain. However, the concept of the token is older than blockchain....

Machine Learning

Multicollinearity

With increasingly advanced machine learning and deep learning algorithms, you can solve almost any problem with proper datasets. However, as the complexity of the...

Machine Learning

Chi Test

When developing a machine learning model, you may encounter numerous problems. One common problem related to feature selection determines how relevant the input features...

Computer programming

Log Loss

In machine learning, you can solve predictive modeling through classification problems. For each observation in the model, you must predict the class label. The...

Machine Learning

Relu Activation Function

Activate function is an essential element for designing a neural network. Choosing the activation function will give you complete control over the network model’s...