The grocery retail industry might be one of the most famous industries in Lebanon. Due to its ability to deal with economic uncertainties on the national level. This sector in Lebanon is in a relatively good shape in comparison with other industries that severely suffered from the economic crisis. However, the Lebanese grocery retail industry […]
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The blue curve is the log(x) function / The green curve is the ln(x) function. Logarithm Function The logarithmic function is the inverse of the exponential function. This function indicates to what exponent must one base be raised to give a specific number. General formula b is the Base. / a is the Argument. /
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There are 4 main types of machine learning algorithms: In a supervised machine learning algorithm, the model is trained based on both the labels, and the features. During the training phase the algorithm is given the labeled data and must find the function F(x) that will allow it to determine the label based on the
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Nowadays, many restaurants are deploying modern and advanced techniques to reduce operating costs, reduce food waste, optimize business operations, and increase overall business efficiency. But how can restaurants use data science to become more competitive? This article discusses 7 potential ways data science could be used by restaurants. Data Science techniques might be used to
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Read a Confusion Matrix and calculate the accuracy score Reading a Confusion Matrix Reading a confusion matrix properly and interpreting it is an essential step in order to evaluate the quality and performance of a predictive model (Mainly classification algorithms). This example is about a predictive algorithm that predicts whether or not a bank
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