What is True Negative Rate (Specificity)?

True Negative Rate (Specificity) is a statistical measure which measures the proportion of negatives that are correctly identified as such (for example, the percentage of healthy people who are correctly identified as not having the condition). Specificity is the extent to which positives really represent the condition of interest and not some other condition being mistaken for it. A highly … Read more

What is Three Sigma Rule?

Three Sigma Rule in the empirical sciences express a conventional heuristic that “nearly all” values are taken to lie within three standard deviations of the mean, i.e. that it is empirically useful to treat 99.7% probability as “near certainty”.The rule states that even for non-normally distributed variables, at least 88.8% of cases should fall within properly-calculated three-sigma intervals. It follows … Read more

What is Support Vector Machines (SVM)?

Support Vector Machines (SVM) is a discriminative classifier formally defined by a separating hyperplane. In other words, given labeled training data (supervised learning), the algorithm outputs an optimal hyperplane which categorizes new examples. More formally, a support vector machine constructs a hyperplane or set of hyperplanes in a high- or infinite-dimensional space, which can be used for classification, regression, or … Read more

What is Supervised Learning?

Supervised Learning is the machine learning task of inferring a function from labeled training data. The training data consist of a set of training examples. In supervised learning, each example is a pair consisting of an input object (typically a vector) and the desired output value (also called the supervisory signal). A supervised learning algorithm analyzes the training data and … Read more

What is Statistical Significance?

Statistical Significance in statistical hypothesis testing is attained whenever the observed p-value of a test statistic is less than the significance level defined for the study. The p-value is the probability of obtaining results at least as extreme as those observed, given that the null hypothesis is true. The significance level, α, is the probability of rejecting the null hypothesis, … Read more

What is Statistical Power?

Statistical Power of any test of statistical significance is defined as the probability that it will reject a false null hypothesis. Statistical power is inversely related to beta or the probability of making a Type II error. The power is a function of the possible distributions, often determined by a parameter, under the alternative hypothesis. As the power increases, there … Read more

What is Sentiment Analysis?

Sentiment Analysis refers to the use of natural language processing, text analysis, computational linguistics, and biometrics to systematically identify, extract, quantify, and study affective states and subjective information. Sentiment analysis is widely applied to voice of the customer materials such as reviews and survey responses, online and social media, and healthcare materials for applications that range from marketing to customer … Read more

What is Semi-Supervised Learning?

Semi-Supervised Learning is a class of supervised learning tasks that also make use of unlabeled data for training – typically a small amount of labeled data with a large amount of unlabelled data. Semi-supervised learning falls between unsupervised learning (without any labeled training data) and supervised learning (with completely labeled training data). Many machine-learning researchers have found that unlabelled data, … Read more

What is Semantic Indexing or Latent Semantic Indexing (LSI)?

Semantic Indexing or Latent Semantic Indexing (LSI) is a mathematical method used to determine the relationship between terms and concepts in content. The contents of a web page are crawled by a search engine and the most common words and phrases are collated and identified as the keywords for the page. LSI looks for synonyms related to the title of … Read more

What is Self-Organizing Map (SOM)?

Self-Organizing Map (SOM) is a type of artificial neural network that is trained using unsupervised learning to produce a low-dimensional (typically two-dimensional), discretized representation of the input space of the training samples, called a map, and is, therefore, a method to do dimensionality reduction. Self-organizing maps differ from other artificial neural networks as they apply competitive learning as opposed to … Read more