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What is KNN Classification and How Can This Analysis Help an Enterprise?

Elegant BI

What is the KNN Classification Algorithm? The KNN (K Nearest Neighbors) algorithm analyzes all available data points and classifies this data, then classifies new cases based on these established categories. In this article, we will discuss the KNN Classification method of analysis. Use Case – 1. About Smarten.

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What is Naïve Bayes Classification and How is it Used for Enterprise Analysis?

Elegant BI

Naive Bayes is a classification algorithm that is suitable for binary and multiclass classification. Fraud Analysis – Based on various bills submitted by an employee for reimbursement for expenditures on food, travel, etc., The Naive Bayes is a classification algorithm that is suitable for binary and multiclass classification.

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What is SVM Classification Analysis and How Can It Benefit Business Analytics?

Elegant BI

Fraud Analysis – Based on various bills submitted for employee reimbursement for food, travel, medical expenses etc., All of these tools are designed for business users with average skills and require no special skills or knowledge of statistical analysis or support from IT or data scientists.