Understand Conditional Probability Solving the Monty Hall Problem!
ArticleVideo Book Overview Get to know what the Monty Hall Problem is. Understand conditional probability with the use of Monty Hall Problem. Introduction …
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An Introduction to the Powerful Bayes’ Theorem for Data Science Professionals
ArticleVideo Book Overview Bayes’ Theorem is one of the most powerful concepts in statistics – a must-know for data science professionals Get acquainted with …
6 Easy Steps to Learn Naive Bayes Algorithm with codes in Python and R
ArticleVideo BookInterview Quiz Note: This article was originally published on Sep 13th, 2015 and updated on Sept 11th, 2017 Overview Understand one of the …
40 Questions on Probability for data science
ArticleVideo Book Introduction Probability forms the backbone of many important data science concepts from inferential statistics to Bayesian networks. It would not be wrong …
Introduction to Conditional Probability and Bayes theorem in R for data science professionals
ArticleVideo Book Introduction Understanding of probability is must for a data science professional. Solutions to many data science problems are often probabilistic in nature. Hence, …
Basics of Probability for Data Science explained with examples in R
ArticleVideo Book Introduction Statistically, the probability of any one of us being here is so small that you’d think the mere fact of existing …
Bayesian Statistics explained to Beginners in Simple English
ArticleVideo BookInterview Quiz Overview The drawbacks of frequentist statistics lead to the need for Bayesian Statistics Discover Bayesian Statistics and Bayesian Inference There are …
Solve a business case using simple Markov Chain
ArticleVideo Book Markov process fits into many real life scenarios. Any sequence of event that can be approximated by Markov chain assumption, can be …
Probability in action: Could Monty Hall have made more money on the show?
ArticleVideo Book Monty Hall could have lost 66.7% of times in the show, if contestant consistently took the best strategy. Could he reduce these …
Solving Accuracy vs. Cost using probabilities (with case study)
ArticleVideo Book As a manager, you face cost vs. quality / accuracy trade-offs on a regular basis. This can be in the form of …
