Understanding P-Values is essential for improving regression models.
In 2 minutes, I'll crush your confusion.
Let's go:
1. The p-value:
A p-value in statistics is a measure used to assess the strength of the evidence against a null hypothesis.
2. Null Hypothesis (Hβ):
The null hypothesis is the default position that there is no relationship between two measured phenomena or no association among groups. For example, under Hβ, the regressor does not affect the outcome.
Principal Component Analysis (PCA) is the gold standard in dimensionality reduction.
But almost every beginner struggles understanding how it works (and why to use it).
In 3 minutes, I'll demolish your confusion:
1. What is PCA?
PCA is a statistical technique used in data analysis, mainly for dimensionality reduction. It's beneficial when dealing with large datasets with many variables, and it helps simplify the data's complexity while retaining as much variability as possible.
2. How PCA Works:
PCA has 5 steps; Standardization, Covariance Matrix Computation, Eigen Vector Calculation, Choosing Principal Components, and Transforming the data.