Introduction to Linear Regression
Steps to take prior to creating linear regression models. Before we start diving into Linear Regression, I would like to emphasize how important it is to understand the problem before starting working with data. We often see statisticians start talking about the slope, distribution and other actual analysis without formulating the problem. As Albert Einstein once said, “The formulation of a problem is often more essential than its solution, which may be merely a matter of mathematical or experimental skills”.
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Online Retailer Customer Segmentation and Analysis
In this article, we are going to perform an exploratory analysis for an online retail store data set, in order to understand its customers. Let’s assume, we own a retail store that has been doing incredibly well and we want to find a way to scale our business efficiently and effectively.
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Customer Churn
Customer Churn is one of the most important and challenging problems for businesses such as Credit Card companies, cable service providers, SASS and telecommunication companies worldwide. Even though it is not the most fun to look at, customer churn metrics can help businesses improve customer retention.
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