Book Image

Hands-On Predictive Analytics with Python

By : Alvaro Fuentes
Book Image

Hands-On Predictive Analytics with Python

By: Alvaro Fuentes

Overview of this book

Predictive analytics is an applied field that employs a variety of quantitative methods using data to make predictions. It involves much more than just throwing data onto a computer to build a model. This book provides practical coverage to help you understand the most important concepts of predictive analytics. Using practical, step-by-step examples, we build predictive analytics solutions while using cutting-edge Python tools and packages. The book's step-by-step approach starts by defining the problem and moves on to identifying relevant data. We will also be performing data preparation, exploring and visualizing relationships, building models, tuning, evaluating, and deploying model. Each stage has relevant practical examples and efficient Python code. You will work with models such as KNN, Random Forests, and neural networks using the most important libraries in Python's data science stack: NumPy, Pandas, Matplotlib, Seaborn, Keras, Dash, and so on. In addition to hands-on code examples, you will find intuitive explanations of the inner workings of the main techniques and algorithms used in predictive analytics. By the end of this book, you will be all set to build high-performance predictive analytics solutions using Python programming.
Table of Contents (11 chapters)

Summary

In this chapter, we discussed some of the things we can do to improve the quality of our models, such as hyperparameter tuning to find the value or the combination of values among a set of candidate values that will give the best performance in our model. We also looked at how good defaults are important to starting experimentation with other candidate values. We discussed cross-validation when performing hyperparameter tuning and how it is important to leave a test set untouched so you can properly evaluate the results of the optimized model. Failing to do this can actually lead to adjusting the hyperparameters to the test set so that, depending on the applications, small improvements in performance could have great business impacts.

We also learned how some transformations to the target feature could improve the model. We used a logarithmic transformation to address...