What is Gradient Boosting? Gradient boosting is a technique used in creating models for prediction. The technique is mostly used in regression and classification procedures. Prediction models are often presented as decision trees for choosing the best prediction. Gradient boosting presents model building in stages, just like other boosting methods, while allowing the generalization and…
What is a Government Stimulus Package? A government stimulus package is a series of economic measures applied by a government to stimulate a stressed economy. The stimulus package can be used to strengthen an economy that is coming out of recession by lowering tax rates or increasing government spending in attempting to lower unemployment and…
What is Vertical Line Charting? Vertical line charting is a graphical representation of the various price points of a given asset over a given period of time, which may vary from 15 minutes or five years. A continuous line is used to connect a series of data points, and the resulting line reflects the overall…
What are Common vs Preferred Shares? Potential investors who are looking to acquire a stake or ownership in a company can choose to purchase between common vs preferred shares. Companies typically issue and sell shares to raise funds for a variety of business initiatives. It is important to know and understand the individual characteristics and…
What is an Appropriation Account? An appropriation account shows how an organization’s funds are distributed among partners, shareholders, and departments. For companies, an appropriation account shows how the company’s profits are divided and retained. For partnerships, it shows how profits are distributed among the partners. For governments, it shows how funds are allocated to specific…
What is Variable Life Insurance? Variable life insurance is a form of life insurance that combines the characteristics of life insurance and investment. The differentiating characteristics of a variable life insurance policy include policy loans and investment options. Variable Life Insurance – Characteristics 1. Premium As with any life insurance policy, variable life insurance mandates…
How to Scrape Stock Data with Python? Financial professionals looking to upgrade their skills can do so by learning how to scrape stock data with Python, a high-level, interpreted, and general-purpose programming language. Python is the most popular data scraping tool for stock data. It is also used in data mining, cybersecurity, digital forensic applications,…
What are Ensemble Methods? Ensemble methods are techniques that aim at improving the accuracy of results in models by combining multiple models instead of using a single model. The combined models increase the accuracy of the results significantly. This has boosted the popularity of ensemble methods in machine learning. Categories of Ensemble Methods Ensemble methods…
What are Python Data Structures (Lists, Sets, and Tuples)? The basic Python data structures in Python include list, set, tuples, and dictionary. Each of the data structures is unique in its own way. Data structures are “containers” that organize and group data according to type. The data structures differ based on mutability and order. Mutability…
What is a Ridge? Ridge regression is the method used for the analysis of multicollinearity in multiple regression data. It is most suitable when a data set contains a higher number of predictor variables than the number of observations. The second-best scenario is when multicollinearity is experienced in a set. Multicollinearity happens when predictor variables…
