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Lecture Notes

A review of how machine learning is applied to detect various types of fraud.

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2 views1 page

Lecture Notes

A review of how machine learning is applied to detect various types of fraud.

Uploaded by

philipos1000
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Data Analysis - Lecture 4: Introduction to Regression Analysis

● What is Regression Analysis?


○ A statistical method to model the relationship between a dependent variable and
one or more independent variables.
○ Used for prediction, forecasting, and understanding relationships between
variables.
● Types of Regression:
○ Linear Regression: Models a linear relationship.
○ Logistic Regression: Predicts a categorical outcome (e.g., yes/no).
○ Polynomial Regression: Models non-linear relationships.
● Key Concepts:
○ Regression Equation: y = mx + c (for simple linear regression)
○ R-squared: Measures the goodness of fit of the model.
○ Residuals: The difference between observed and predicted values.
● Example:
○ Predicting house prices based on size, location, and age.
● Further Reading:
○ "Introduction to Statistical Learning" by Gareth James et al.

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