Course Content
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Accuracy Score
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Activation Function
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Algorithm
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Assignment Operator (Python)
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Artificial General Intelligence (AGI)
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Artificial Intelligence
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4 min
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Artificial Narrow Intelligence (ANI)
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3 min
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Artificial Neural Network (ANN)
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Backpropagation
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Bias
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Bias-Variance Tradeoff
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Big Data
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Business Analyst (BA)
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Business Analytics (BA)
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Business Intelligence (BI)
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Categorical Variable
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Clustering
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Command Line
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Computer Vision
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Continuous Variable
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Cost Function
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Cross-Validation
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Data Analysis
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7 min
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Data Analyst
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Data Science
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Data Scientist
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6 min
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Early Stopping
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Exploratory Data Analysis (EDA)
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False Negative
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False Positive
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Google Colaboratory
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Gradient Descent
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Hidden Layer
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Hyperparameter
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Image Recognition
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Imputation
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K-fold Cross Validation
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K-Means Clustering
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39.
Linear Regression
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2 min
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Logistic Regression
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Machine Learning Engineer (MLE)
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5 min
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Mean
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Neural Network
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Notebook
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One-Hot Encoding
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Operand
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Operator (Python)
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Print Function (Python)
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Python
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Quantile
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1 min
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51.
Quartile
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Random Forest
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Recall
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2 min
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54.
Scalar
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55.
Snake Case
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1 min
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T-distribution
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2 min
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T-test
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Tableau
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59.
Target
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1 min
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60.
Tensor
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Tensor Processing Unit (TPU)
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TensorBoard
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TensorFlow
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Test Loss
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65.
Time Series
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66.
Time Series Data
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67.
Test Set
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68.
Tokenization
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69.
Train Test Split
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70.
Training Loss
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71.
Training Set
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72.
Transfer Learning
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73.
True Negative (TN)
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1 min
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74.
True Positive (TP)
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1 min
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75.
Type I Error
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Type II Error
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77.
Underfitting
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78.
Undersampling
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2 min
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79.
Univariate Analysis
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80.
Unstructured Data
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2 min
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81.
Unsupervised Learning
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2 min
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82.
Validation
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2 min
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83.
Validation Loss
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1 min
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84.
Vanishing Gradient Problem
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2 min
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85.
Validation Set
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2 min
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86.
Variable (Python)
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1 min
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87.
Variable Importances
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2 min
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88.
Variance
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2 min
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89.
Variational Autoencoder (VAE)
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2 min
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90.
Weight
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1 min
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91.
Word Embedding
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2 min
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92.
X Variable
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2 min
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93.
Y Variable
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2 min
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94.
Z-Score
0 min
1 min
0
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In statistics, the "mean" is a measure of central tendency that represents the average of a set of values. The mean is calculated by summing up all the values in a dataset and dividing the sum by the number of observations. The mean is also known as the arithmetic mean.
Here's how the mean is useful in statistics:
- Central Tendency:
The mean provides a measure of central tendency, giving a single value that represents the "typical" or "average" value in a dataset. It's particularly useful for summarizing large sets of data into a single representative value.
- Basis for Variability Measures:
The mean is used in the calculation of other important statistical measures, such as variance and standard deviation. These measures quantify the spread or variability of the data around the mean.
- Comparisons:
When comparing different datasets or groups, the mean serves as a useful metric. For example, comparing the average scores of two groups in an experiment can provide insights into the overall performance or behavior of the groups.
- Simple Interpretation:
The mean is easy to understand and interpret, making it a commonly used statistic in various fields. It is often reported in research studies, financial analyses, and other applications to summarize the central tendency of a dataset.
However, it's important to note that the mean can be sensitive to extreme values (outliers) in the dataset. In cases where outliers significantly affect the mean, other measures of central tendency, such as the median, might be more appropriate. Additionally, for non-normally distributed data, alternative measures of central tendency may be considered.