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Offered By: IBMSkillsNetwork

Model Evaluation and Refinement Made Easy

Predictive modeling allows organizations to make informed decisions and allocate resources effectively by using data to predict future outcomes and trends. In this guided project, you will evaluate and refine a prediction model.

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Guided Project

Data Science

96 Enrolled
4.3
(6 Reviews)

At a Glance

Predictive modeling allows organizations to make informed decisions and allocate resources effectively by using data to predict future outcomes and trends. In this guided project, you will evaluate and refine a prediction model.

Python libraries such as pandas, sklearn can be used to evaluate and refine prediction models. With these libraries, you will train and test your model, learn about overfitting and underfitting, and find the best hyperparameter.

Predictive modeling is a statistical technique that uses data, machine learning algorithms, and modeling techniques. Used by many industries and individuals in data science, predictive modeling is a powerful tool to predict future events.

In this guided project, you will learn how to evaluate and refine predictive models by training and testing models, calculating cross-validation scores, and identifying overfitting and underfitting. You will also learn how to apply ridge regression and use grid search to optimize model parameters. By mastering these skills, you will be able to build predictive models that are accurate, reliable, and effective at making predictions on new data. 

Completing this project will provide you with the skills and knowledge required to optimize your predictive models and make data-driven decisions.

A Look at the Project Ahead

After completing this project, you'll be able to:
  • Evaluate prediction models
  • Refine prediction models

What You'll Need

For this project, you will need:
  • Familiarity with basics of data science
  • Familiarity with Python fundamentals
  • Familiarity with Python data structures
  • Access to a web browser

Your online lab environment has everything you need to get started. Also, note that this platform works best with current versions of modern browsers. 

Estimated Effort

30 Minutes

Level

Intermediate

Skills You Will Learn

Data Science, Predictive Modeling

Language

English

Course Code

GPXX0RKNEN

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