The workshop on Predictive Modelling Basics was conducted on 19th April, 2016 by Akhil Bhat.
The workshop stressed on topics like Correlations, Linear Regression and Modifications to linear regression.The discussion started off with the definition of correlation and the misconceptions around the same. Akhil gave the students a comprehensive understanding of the various assumptions of linear regression and the diagnostics one must look into to make sure results are right and interpreted correctly. He also spoke about the required modifications if the relationship between dependent and independent variables is not linear, interpretation of results and various definitions associated with linear regression.
This session came across as a useful one for students without prior experience in Predictive Analytics. Fundamental topics were given more importance so as to provide a strong foundation in Modelling for the MSBAPM students.