A Simple Model
This lesson will introduce predictive modeling and will focus on how to construct a simple model with loss functions.
We'll cover the following
In the previous chapters of this course, we have looked at data cleaning, data exploration, and statistical inference. Now it is time to move to the last stage of the data science lifecycle, which is making predictions that help us in decision making. Until now, we have discovered interesting patterns in the data that we know were significant, but how do we use these patterns to predict future events? With this objective, we make predictions using models.
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