August 2019 - The Data Monk

Supply Chain Analytics – Using PuLP in Python

TheDataMonk Grand Master August 25, 2019 Uncategorized Comments Off 1878 views

There are three types of programming which we can do in Supply Chain a. Linear Programming – It involves creating a model on continuous variables b. Integer Programming – It involves creating a model on only Discrete ...

Supply Chain Analytics

TheDataMonk Grand Master August 25, 2019 Uncategorized Comments Off 944 views

We all have a fair idea about the supply chain. In a layman term, we can say that the supply chain analytics helps in improving the operational efficiency and effectiveness by providing "data-driven" decisions at the operational and ...

Data Science Terms which are often confused

TheDataMonk Grand Master August 11, 2019 Uncategorized Comments Off 866 views

Data Science = Maths+Code+Business UnderstandingMany a time you come across different terminologies which sounds confusing. We will try to make them easier for you to understand and to remember 1.Data Scientist vs Data AnalystData Scientist ...

Linear Regression Part 3 – Evaluation of the model

TheDataMonk Grand Master August 6, 2019 Uncategorized Comments Off 842 views

Check out Part 1 and Part 2 of the series before going furtherLinear Regression Part 1 - Assumption and Basics of LRLinear Regression Part 2 - Code and implementation of model If you ...

Linear Regression Part 2 – Implementation of LR

TheDataMonk Grand Master August 6, 2019 Uncategorized Comments Off 914 views

We already know the assumptions of the Linear Regression. We will quickly go through the implementation part of the Linear Regression. We will be using R for this article(Read Sometimes, I am more comfortable in R :P )Remember ...

Assumptions Of Linear Regression – Part 1

TheDataMonk Grand Master August 6, 2019 Uncategorized 1 Comment 1579 views

Here we will talk about the assumptions of Linear Regression which will let you understand LR and will help you tackle questions in your interview. I personally know a handful of candidates who have bosted themselves as a ...

Guesstimate – Price of one Kilogram Potato in India ?

TheDataMonk Grand Master August 3, 2019 Uncategorized Comments Off 1063 views

Let's try to guesstimate the price of one kg potato in India. There could be multiple ways to do it, but your aim should be to keep the "scope of error" to the minimum.

The measure of Spread in layman terms

TheDataMonk Grand Master August 1, 2019 Uncategorized Comments Off 698 views

Data Science is a combination of Statistics and Technology. In this article, we will try to understand some basic terminologies in Layman's language. Suppose I run a chain of Pizza outlets across Bangalore and have around 500 delivery ...

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