Book Image

Learning Predictive Analytics with Python

By : Ashish Kumar, Gary Dougan
Book Image

Learning Predictive Analytics with Python

By: Ashish Kumar, Gary Dougan

Overview of this book

Social Media and the Internet of Things have resulted in an avalanche of data. Data is powerful but not in its raw form - It needs to be processed and modeled, and Python is one of the most robust tools out there to do so. It has an array of packages for predictive modeling and a suite of IDEs to choose from. Learning to predict who would win, lose, buy, lie, or die with Python is an indispensable skill set to have in this data age. This book is your guide to getting started with Predictive Analytics using Python. You will see how to process data and make predictive models from it. We balance both statistical and mathematical concepts, and implement them in Python using libraries such as pandas, scikit-learn, and numpy. You’ll start by getting an understanding of the basics of predictive modeling, then you will see how to cleanse your data of impurities and get it ready it for predictive modeling. You will also learn more about the best predictive modeling algorithms such as Linear Regression, Decision Trees, and Logistic Regression. Finally, you will see the best practices in predictive modeling, as well as the different applications of predictive modeling in the modern world.
Table of Contents (19 chapters)
Learning Predictive Analytics with Python
Credits
Foreword
About the Author
Acknowledgments
About the Reviewer
www.PacktPub.com
Preface
A List of Links
Index

Understanding the math behind logistic regression


Imagine a situation where we have a dataset from a supermarket store about the gender of the customer and whether that person bought a particular product or not. We are interested in finding the chances of a customer buying that particular product, given their gender. What comes to mind when someone poses this question to you? Probability anyone? Odds of success?

What is the probability of a customer buying a product, given he is a male? What is the probability of a customer buying that product, given she is a female? If we know the answers to these questions, we can make a leap towards predicting the chances of a customer buying a product, given their gender.

Let us look at such a dataset. To do so, we write the following code snippet:

import pandas as pd
df=pd.read_csv('E:/Personal/Learning/Predictive Modeling Book/Book Datasets/Logistic Regression/Gender Purchase.csv')
df.head()

Fig. 6.1: Gender and Purchase dataset

The first column mentions...