How supply chain business intelligence, data, and analytics can improve the parcel delivery experience: Read more on this free link
A decision tree is a powerful machine learning algorithm extensively used in the field of data science. They are simple to implement and equally easy to interpret. It also serves as the building block for other widely used and complicated machine-learning algorithms like Random Forest, XGBoost, and LightGBM. Read more on this free link
Whenever we discuss model prediction, it’s important to understand prediction errors (bias and variance). There is a tradeoff between a model’s ability to minimize bias and variance. Read more on this free link
Clustering is one of the most common exploratory data analysis technique used to get an intuition about the structure of the data. It can be defined as the task of identifying subgroups in the data such that data points in the same subgroup (cluster) are very similar while data points in different clusters are very different. Read more on this free link