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## R Squared Value Demystified

R Squared Value Demystified As we all know in today’s world of quick results and insights nobody wants to spend time in understanding the core concepts of certain statistical terms while performing analytical routine. One statistical term that is talked a lot but known very less in terms of its

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## Deducer Tutorial: Creating Linear Model using R Deducer Package

Deducer Tutorial: Creating Linear Model using R Deducer Package Link: Deducer Tutorial: Creating Linear Model using R Deducer Package

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## Useful R Packages that Aligns with The CRISP DM Methodology

Useful R Packages that Aligns with The CRISP DM Methodology Link: Useful R Packages that Aligns with The CRISP DM Methodology

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## Fraud analysis using speech analytics and Monte Carlo

Fraud analysis using speech analytics and Monte Carlo Link: Fraud analysis using speech analytics and Monte Carlo

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## HealthCare Industry’s Savior: Using the Benford's Law (The Law of First Digit) to Debunk the Fraudsters

HealthCare Industry’s Savior: Using the Benford’s Law (The Law of First Digit) to Debunk the Fraudsters As the world is getting more tech savvy and advancements made in the information technology especially in the healthcare industry has opened areas in data mining and machine learning. Within the area of data

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## Simple Guide for Selecting Statistical Tests When Comparing Groups

Simple Guide for Selecting Statistical Tests When Comparing Groups Selecting the right statistical test can prove to be a daunting task for anyone. This infographic presents a step by step approach for the test selection process. This way of looking at various conditions to pick the appropriate tests will allow

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## The Most Common Analytical and Statistical Mistakes

The Most Common Analytical and Statistical Mistakes It is not only about understanding about statistics, it is also about implementing the correct statistical approach or method. In this brief article I will showcase some common statistical blunders that we generally make and how to avoid them. To make this information

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## A Statistical Approach to Pick the Most Impactful Advertising Channel for Product Marketing

A Statistical Approach to Pick the Most Impactful Advertising Channel for Product Marketing In the wake of ZMOT (Zero Moment of Truth) it becomes pivotal for any product company to choose the most appropriate advertisement channel for the promotion of their products. This not only helps the organizations to maximize their

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## How to create a Best-Fitting regression model?

How to create a Best-Fitting regression model? Best Subset Regression method can be used to create a best-fitting regression model. This technique of model building helps to identify which predictor (independent) variables should be included in a multiple regression model(MLR). This method comprises of scrutinizing all of the models created

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## Naive Bayes Process At a Glance

Naive Bayes Process At a Glance [unable to retrieve full-text content] Link: Naive Bayes Process At a Glance

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