Book Image

Data Science Projects with Python

By : Stephen Klosterman
Book Image

Data Science Projects with Python

By: Stephen Klosterman

Overview of this book

Data Science Projects with Python is designed to give you practical guidance on industry-standard data analysis and machine learning tools, by applying them to realistic data problems. You will learn how to use pandas and Matplotlib to critically examine datasets with summary statistics and graphs, and extract the insights you seek to derive. You will build your knowledge as you prepare data using the scikit-learn package and feed it to machine learning algorithms such as regularized logistic regression and random forest. You’ll discover how to tune algorithms to provide the most accurate predictions on new and unseen data. As you progress, you’ll gain insights into the working and output of these algorithms, building your understanding of both the predictive capabilities of the models and why they make these predictions. By then end of this book, you will have the necessary skills to confidently use machine learning algorithms to perform detailed data analysis and extract meaningful insights from unstructured data.
Table of Contents (9 chapters)
Data Science Projects with Python
Preface

Introduction


In the previous chapter, we introduced decision trees and random forests and saw how they could be used to improve the quality of predictive modeling of the case study data.

In this chapter, we consider model building to be complete and address all the remaining issues that need attention before delivering the model to the client. The two key elements of this chapter are data imputation and financial analysis.

With data imputation, you will explore several strategies for making educated guesses of the missing values of features of the dataset. This should enable you to make predictions for all samples.

In the financial analysis, you will take the final yet crucial steps of understanding how a model can be used in the real world. Your client will likely appreciate the efforts you made in creating a more accurate model or one with higher ROC AUC. However, they will definitely appreciate understanding how much money the model can help them earn or save and will be happy to receive...