An Introduction to Statistical Learning pp 15-57 | Cite as
Statistical Learning
Chapter
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Abstract
In order to motivate our study of statistical learning, we begin with a simple example. Suppose that we are statistical consultants hired by a client to provide advice on how to improve sales of a particular product. The Advertising data set consists of the sales of that product in 200 different markets, along with advertising budgets for the product in each of those markets for three different media: TV, radio, and newspaper.
Keywords
Mean Square Error Statistical Learning Flexible Approach Test Observation Test Error Rate
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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© Springer Science+Business Media New York 2013