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Machine learning is a term which literally means the ability of a machine to recognize patterns which have occurred repetitively and to improve its performance based on the past experience. In essence this reduces to the study of computer algorithms improve automatically through experience. The computer program is said to learn from the past experience E with respect to some class of tasks T and performance gauge P, if its performance at tasks in T, as measured by P, gets improves with experience E. Machine learning is inherently a multidisciplinary field by making use of results and techniques from probability and statistics, information theory , computational complexity theory etc; it is closely related to the pattern recognition and artificial intelligence and is broadly used in modern data mining.
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Genomics is the study of the structure, function and the evolution of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) sequences which comprise the genome of living organisms
This process of estimating from a data set those values lying beyond range of the data. In the regression analysis, for instance, a value of the response variable might be estimate
In the time series plot and scatter graphs there were many outliers that were clearly visible. These have been removed to identify if they were influential or had high leverage and
Human height growth curves : The growth of human height is, in common, remarkably regular, apart from the pubertal growth spurt. The satisfactory longitudinal development curve is
A unified approach to all problems of prediction, estimation, and hypothesis testing. It is based on concept of the decision function, which tells the performer of experiment how t
#how to analyse data
Given: There are 4 jobs and 4 persons. The cost incurred for each person and each job is as follows: Persons Job 1 Job 2 Job 3 Job 4 A 10 9 21 11 B 15 12 25 17 C 12 10 20 12 D 17
Ask questioThe finance manager of ‘Softy’ baby soap manufacturing company being successful in the first two years of the company’s operations is considering setting up another plan
Briefly explain the importance of forecasting for managers?
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