Category: Learning modules

By Prateek Sharma & Priya Chetty on February 26, 2018 1 Comment

Bootstrap and jackknife are superficially similar statistical techniques that involve re-sampling the data. They are nonparametric and specific resampling techniques that can estimate standard errors and confidence intervals of a population parameter.

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By Divya Narang & Priya Chetty on February 6, 2018 7 Comments

Autoregressive Integrated Moving Average (ARIMA) is popularly known as Box-Jenkins method. The emphasis of this method is on analyzing the probabilistic or stochastic properties of a single time series. Unlike regression models where Y is explained by X1 X2….XN regressor (like the introductory case where GDP is explained by GFC and PFC), ARIMA allows Y (GDP) to be explained by its own past or lagged values.

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By Priya Chetty on January 10, 2018 1 Comment

Neural network, popularly known as Artificial Neural Network (ANN) is an information processing system with a large number of nodes and connections as part of a structure which helps in processing complex information.

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By Priya Chetty on January 10, 2018 3 Comments

Until recently, Karl Pearson Correlation analysis was one of the most popular methods to measure linear association between two or more than two variables in a data set. For example, establishing the Karl Pearson Correlation between X variable and Y variable, where both variables belong to a single data set. Canonical Correlation Analysis (CCA), on the other hand, helps measure the correlation among variables which are in different datasets.

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By Priya Chetty on January 10, 2018 No Comments

A decision tree is a graphical representation of possible solutions to a problem based on given conditions. It is called a tree because diagrammatically it starts with a single box (target variable) and ends up in numerous branches and roots (numerous solutions).

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By Yashika Kapoor & Priya Chetty on December 25, 2017 3 Comments

This article explains the data entry methodology, for performing meta-analysis on the outcomes of studies having a single group. For this purpose, the single group of patients who were administered drug treatment will be taken into consideration.

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By Priya Chetty on December 25, 2017 No Comments

Thus to assess the model, a common practice in data science is to iterate over various models and select the most appropriate model. In other words it is important to test the same model with different values of parameters.This is called the cross validation method.

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By Yashika Kapoor & Priya Chetty on December 25, 2017 1 Comment

As seen the relative weighting of studies in the two models are quite different. The random effects model takes into account both the interstudy variance and sample size, resulting in well-distributed weight.

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