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Understanding Interquartile Range (IQR) in Statistics

Interquartile Range IQR is one of the most important topic that comes under descriptive statistics. This article is going to speak in length about it. If you read my previous article about handling outliers, you must have come across a small introduction to the IQR. The interquartile range (IQR) is nothing but the difference between […]

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Types of Regression in Machine Learning

In this article, we are going to understand regression analysis, its importance, as well as the types of regression in machine learning. Regression Analysis Regression analysis is a statistical technique that seeks to assess the strength of the connection between one or more dependent variables. It helps in the analysis of those factors. Firstly, we […]

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Classification Algorithms in Machine Learning

If you are not very familiar with what role classification algorithms play and where, it is a part of the supervised machine learning algorithm. The supervised machine learning algorithm uses a training set to teach models to generate the desired output. It’s division is in two types. The following are the types: Regression Algorithms Classification […]

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Descriptive and Inferential Statistics

In my previous article, I walked you through everything statistics-related. This article, on the other hand, will provide you with a better understanding of descriptive and inferential statistics in particular. Descriptive Statistics Descriptive statistics describe the essential aspects of a study’s information. They provide concise summaries of the sample and metrics. Descriptive statistics, as the […]

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Hypothesis Testing

If you have read my previous article on statistics, you must have read the term “Hypothesis Testing” under Inferential Statistics. Hypothesis testing is a statistical technique in which an analyst verifies a hypothesis about a population parameter. In simpler terms, it’s a statistical test that determines whether or not the hypothesis stated for a sample of […]

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Types of Statistical Distribution

This article will go over statistical distribution. I will also discuss the types of statistical distribution. What is a Distribution? A statistical distribution shows the characteristics of a variable such as the possible values it has and the number of times it occurs. We will understand this by taking the most general example which is […]

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Data Types: Qualitative and Quantitative

This article will go over data types in great detail. Before we get into this topic, let us first understand what data attributes are. They are a characteristic of any information that sets it apart from other statistics. They are basically the features of a dataset. There are two forms of data types: Qualitative  Quantitative  […]