Book Image

Statistics for Data Science

Book Image

Statistics for Data Science

Overview of this book

Data science is an ever-evolving field, which is growing in popularity at an exponential rate. Data science includes techniques and theories extracted from the fields of statistics; computer science, and, most importantly, machine learning, databases, data visualization, and so on. This book takes you through an entire journey of statistics, from knowing very little to becoming comfortable in using various statistical methods for data science tasks. It starts off with simple statistics and then move on to statistical methods that are used in data science algorithms. The R programs for statistical computation are clearly explained along with logic. You will come across various mathematical concepts, such as variance, standard deviation, probability, matrix calculations, and more. You will learn only what is required to implement statistics in data science tasks such as data cleaning, mining, and analysis. You will learn the statistical techniques required to perform tasks such as linear regression, regularization, model assessment, boosting, SVMs, and working with neural networks. By the end of the book, you will be comfortable with performing various statistical computations for data science programmatically.
Table of Contents (19 chapters)
Title Page
Credits
About the Author
About the Reviewer
www.PacktPub.com
Customer Feedback
Preface

Successful statistical analysis


It is worthwhile to mention some key points in this section, dealing with ensuring a successful (or at least productive) statistical analysis effort.

Note

You may find that most of these are perhaps common sense notions, but some may not be.

  1. As soon as you can, decide on your goal or objective. You need to know what the win is, that is, what the problem or idea is that is driving the analysis effort. In addition, you need to make sure that, whatever is driving the analysis, the result obtained must be measurable in some way. This metric or performance indicator must be identified early.
  2. Identify key levers. This means that once you have established your goals and a way to measure performance towards obtaining those goals, you also need to find out what has an effect on the performance towards obtaining each goal.
  3. Conduct a thorough data collection. Typically, the more data the better, but in the absence of quantity, always go with quality.
  4. Clean your data. Make...