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Time Series Forecasting and Prediction

Time Series Forecasting and Prediction

Forecasting and prediction, both are based on probabilities of an event occurring. Although the terms might seem similar, there are some differences between prediction and forecasting. Let’s first understand Prediction. What is a prediction? Prediction is an absolute...
Multivariate Analysis: Visualizing Dimensions

Multivariate Analysis: Visualizing Dimensions

In the real world, we face many problems where several factors affect a certain outcome. Something as simple as a school result depends upon different subjects (including physical activity) that serve as variables/ factors altogether in deciding the result. A change...

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