Linear regression using some of the popular software

I use the data (in the form of ‘Dataset1.xls’ or ‘Dataset1.txt’ both consist the same data ) from an online course “Econometrics: Methods and Applications” by Erasmus University Rotterdam. The data includes two variables “Price” and “Sales”, while the former is independent variable and the latter is dependent variable. Let’s get to it! First someContinue reading “Linear regression using some of the popular software”

Programming languages used by data scientists

Data scientists manage, extract, transform, analyze and visualize data using software. In this regard, SQL is essential. Data is stored in a data base and in every step of data management process some how lean on SQL whether they are clustered/ on the cloud or conventional. Python and R are among the highly used languagesContinue reading “Programming languages used by data scientists”

Creating narratives from data: Data science

For an entity/organization (whether it is a company or a government) problems emerges while performing their activities. If the problems are elaborated in form of questions, finding the right answers will solve the problems. But, how to find the right answers? Here data come into play! If an entity/organization records data on what it isContinue reading “Creating narratives from data: Data science”