An interesting book for those that are starting to learn basic statistics for data analysis is Practical Statistics for Data Scientists by Peter Bruce and Andrew Bruce. It can be downloaded for free here. This book covers the basics of data exploratory analysis and frequentist statistical theory. Additionally, its final chapters cover classification, statistical machine learning, and unsupervised learning. I do like these last chapters as they are carefully written and easy to understand. The examples using R are very useful. In sum, this is a book worth reading for beginners. The last chapters can also be very helpful for those readers with more experience in data analysys.

# Tag Archives: machine learning

## An Introduction to Statistical Learning with Applications in Python

I came across this very interesting Github repository by Qiuping X., in which she posted the codes she prepared in Python for the book “An Introduction to Statistical Learning with Applications in R” by Gareth James, Daniela Witten, Trevor Hastie, and Robert Tibshirani. This is very useful for those that are learning Python and certainly facilitates the migration from R to Python too.

## Statistical Learning using R

I recently came across this book titled “An Introduction to Statistical Learning, with Applications in R“.

It can be downloaded for free at the authors webpage, which also contain the R codes, data sets, errata, slides and videos for Statistical Learning MOOC, and other valuable information.

That said, I think this is a very useful book for those interested in Statistical Learning. It is very accessible to most people, since it does not require a strong mathematical background.

For those interested in gaining a deeper understanding of these topics, I strongly suggest the book “The Elements of Statistical Learning“, which is also available for download at no cost.

## Machine Learning using Matlab

Economists in general do not consider Matlab their preferred choice of software. In part this is due to Matlab’s peculiar licencing scheme for its toolboxes. That said, for some applications, it is still a very useful piece of software.

Those interested in Machine Learning would certainly be interested in this new Matlab’s e-book. It is a basic tutorial on ML using Matlab. To download this e-book you need to go to this website and fill out a form, which will probably reduce your interest in using Matlab.