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

Summary


In this chapter, you learned the core data science skill of imputation. Imputation allows the replacement of missing values for features with educated guesses as to what the real values are. Imputation is necessary to provide predictions for all samples, including those with missing feature values. This is because many machine learning algorithms, including those we've worked with in this book, cannot take input which includes missing values. Imputation methods range from simple ones, such as imputing with the mean, median, or mode of non-missing values, to more complex methods, including creating a predictive model for the feature that has missing values.

After ensuring that the model we deliver can provide predictions for all samples, via imputation, we conducted a financial analysis. While we left this to the end of the book, an understanding of the costs and savings going along with the decisions to be guided by the model should be understood from the beginning of a typical project...