Review and Analyze Banking Operational Risk Data supplied by ORX (ORX News): Graphical representation of input variables vs. “Loss_USD”, Text Mining, Classification and Regression Tree - CAR,

From a machine learning perspective, regression is the task of predicting numerical outcomes from various inputs. Linear regression is the fundamental method in this field. y is ”linearly” related to xi, Each xi contributes additively to y.

Cluster analysis is a powerful toolkit in the data science workbench. It is used to find groups of observations (clusters) that share similar characteristics. These similarities can inform all kinds of business decisions; for example, in marketing, it is used to identify distinct groups of customers for which advertisements can be tailored.