Month: March 2021

How Data Science Is Helping to Detect Child Abuse

There is no good way to begin a conversation about child abuse or neglect. It is a sad and oftentimes sickening topic. But the fact of the matter is it exists in our world today and frequently goes unnoticed or unreported, leaving many children and young adults to suffer. Of the nearly 3.6 million events …

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What are Principal component analysis (PCA) and Factor Analysis (FA)?

A medical equipment company is planning to launch surgical staplers as a replacement for surgical sutures. To better understand the market of the latter variant, the company engages with a market research firm. The sentiment towards both the surgical tools is evaluated across several parameters by interacting with surgeons, who rate each of the two …

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Essential Accuracy Optimization Hacks for Machine Learning Projects

Source: smartdatacollective Machine learning algorithms need to be carefully optimized to provide the highest possible benefit. Improving the accuracy of a machine learning (ML) model can be quite challenging, and most data experts get stuck in this part of the process, even causing some to give up. After all, even if one were to apply …

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How Machine Learning Enhances Momentum of Cryptocurrency Price Movements?

Source: Smartdatacollective Machine learning developments could drive a surge in cryptocurrency prices through more educated speculation. Cryptocurrencies have become very important in the modern economy. They have also created numerous opportunities for informed investors to create diversified portfolios and take advantage of a market for assets that provide an exceptional ROI. Machine learning technology has made …

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