Advanced Python Regression Prediction – Log Transformation of Target Variables

Advanced Python Regression Prediction - Log Transformation of Target Variables

1. Why choose log transformation? When we perform regression modeling,the target variable (the metric being predicted, such as house price SalePrice) does not conform to a normal distribution, we usually opt for log transformation, mainly for the following reasons: 1. Make the distribution closer to normal distribution Many real-world values (house prices, income, sales, population … Read more

Introduction to the Python Statistics Module

Introduction to the Python Statistics Module

Introduction to the Python Statistics Module For small statistical analyses, there is really no need to install a bunch of large libraries. If you want to calculate an average or check the distribution of sales data, you might end up spending a lot of time installing pandas, numpy, etc., and by then, your enthusiasm might … Read more