Principal Component Analysis (PCA) is one of the most commonly used unsupervised machine learning algorithms across a variety of applications: exploratory data analysis, dimensionality reduction, information compression, data de-noising, and plenty more. In this blog, we will go step-by-step and cover: Before we delve into its inner workings, let’s first get a better understanding of PCA. Imagine we have a 2-dimensional dataset.
While the word “data” has been common since the 1940s, managing data’s growth, current use, and regulation is a relatively new frontier. Governments and enterprises are working hard today to figure out the structures and regulations needed around data collection and use. According to Gartner, by 2023 65% of the world’s population will have their personal data covered under modern privacy regulations.