Table of Content
- Problem Statement
- Data Loading and Description
- Exploratory Data Analysis
- Introduction to Linear Regression
- Model evaluation
- Feature Selection
- Handling Categorical Features
1. Problem Statement
Sales (in thousands of units) for a particular product as a function of advertising budgets (in thousands of dollars) for TV, radio, and newspaper media. Suppose that in our role as Data Scientist we are asked to suggest.
We want to find a function that given input budgets for TV, radio and newspaper predicts the output sales.
Which media contribute to sales?
Visualize the relationship between the features and the response using scatter plots.