Analytics classified
In this section, we will focus on learning all the popular analytical techniques that come under one of the discussed paradigms: descriptive, predictive, and prescriptive analytics.
- Classification
- Forecasting or prediction or regression
- Clustering
- Optimization
- Simulations
These analytic techniques can perform either of the two:
- Supervised analysis
- Unsupervised analysis
Supervised analysis is a case where the data is known to us. Client also defines a specific goal for our analysis and in case of unsupervised analysis, the data might be known to us, but we usually do not start with a definitive target in mind.
Classification
Classification is all about identifying a grouping technique for a given dataset in such a way that depending on ...
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