Machine learning is the scientific study of algorithms and statistical models to perform a specific task effectively without using explicit instructions. Machine learning algorithms include – supervised and unsupervised algorithms.  Supervised Learning  In supervised learning, the target is already known and is used in the model prediction. Classification: When target variable is categorical  Regression: When…

The objective of this article is to evaluate different techniques for time series forecasting. These techniques include OLS model, Co-integration model and ARIMAX model  Business problem: To forecast the different components of PPNR. These components include Non-interest Income and Non-interest Expense. Proposed solution OLSModel Co-IntModel ARIMAXModel Notes Preference  High Medium  Low   Complexity  Low  Medium …

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Regression analysis is a form of predictive modelling technique which investigates the relationship between a dependent (target) and independent variable (s) (predictor). This technique is used for finding the relationship between the variables. Example: Let’s say, you want to estimate growth in sales of a company based on current economic conditions. You have the recent company data which indicates…

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