Workplace doesn’t remain work place when you have good friends around you

Topbullets.comI remember one video from my childhood where kids run for school and the lyrics was like we leave our houses early in the morning to meet friends in school. When we used to go in school bus, we used to sing this song altogether and that was a great fun. After that, I don’t think we have ever enjoyed going school or college or office. Now in this corporate world where you need to race against time and perform to be fit for the organization what remains behind is happiness. You may get satisfied with your work, appraisal or salary or a warm handshake from your manager congratulating you in front of everyone but do we really want to see them tomorrow again? Continue reading
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Exporting multiple graphs in same plot to PDF in R – TopBullets.com

Topbullets.comAs being a data scientist, plotting data is one of the first things we generally do. Without studying the behavior of the data we can’t or rather should not move ahead. There can be a lot of analysis which we can perform by plotting the graphs for example univariate, bivariate and residual plots. In my earlier blog, I wrote about how to plot two graphs in the same plot using par () function in R which is very useful when we do bivariate analysis and want to see the behavior of 2 variables across different time duration. Today I will write how to export the plots in PDF and in a tabular format. Generally exporting plots in any format (JPG, PDF) is an easier task but when you have say 50 graphs, you won’t want 50 pages, rather you will want 4 graphs in one page which will be very easier to read or interpret. Continue reading

Collinearity and stepwise VIF selection

A good article for my fellow statistician and analyst

R is my friend

Collinearity, or excessive correlation among explanatory variables, can complicate or prevent the identification of an optimal set of explanatory variables for a statistical model. For example, forward or backward selection of variables could produce inconsistent results, variance partitioning analyses may be unable to identify unique sources of variation, or parameter estimates may include substantial amounts of uncertainty. The temptation to build an ecological model using all available information (i.e., all variables) is hard to resist. Lots of time and money are exhausted gathering data and supporting information. We also hope to identify every significant variable to more accurately characterize relationships with biological relevance. Analytical limitations related to collinearity require us to think carefully about the variables we choose to model, rather than adopting a naive approach where we blindly use all information to understand complexity. The purpose of this blog is to illustrate use of some techniques to reduce collinearity…

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Do Indian need Shivaji or Patel statues when we are struggling for basic amenities – Group Discussion

Topbullets.comYesterday PM Mr. Modi laid foundation for Shivaji memorial in Mumbai which will cost around 3600 crore INR ($500m). Few years back the same person Mr. Modi then CM of Gujarat laid foundation for Patel statue which will cost 3000 crore INR ($450m). Now a genuine question arises do we really need such monuments when our roads are broken, no proper infrastructure like hospitals and schools in most of the towns and villages. So today I have chosen this topic for my cast study. My points may be biased so you are most welcome to comment your thoughts or criticize me in the comment box. Continue reading

Understanding the concept of Advertisement AdStock and Importance of it in Marketing Mix Modeling

Topbullets.comAs I wrote in my previous blog that advertisement is basically nothing but a paid version of promoting your brand or product or services. Please read it here if you want to know more about advertisement and different kinds of advertisements. So companies spend millions of dollars on ads not just to make awareness of their products but also to stay in customers’ mind (retention). What is retention? Let’s discuss it today. Continue reading