Book Image

Practical Data Analysis Cookbook

By : Tomasz Drabas
Book Image

Practical Data Analysis Cookbook

By: Tomasz Drabas

Overview of this book

Data analysis is the process of systematically applying statistical and logical techniques to describe and illustrate, condense and recap, and evaluate data. Its importance has been most visible in the sector of information and communication technologies. It is an employee asset in almost all economy sectors. This book provides a rich set of independent recipes that dive into the world of data analytics and modeling using a variety of approaches, tools, and algorithms. You will learn the basics of data handling and modeling, and will build your skills gradually toward more advanced topics such as simulations, raw text processing, social interactions analysis, and more. First, you will learn some easy-to-follow practical techniques on how to read, write, clean, reformat, explore, and understand your data—arguably the most time-consuming (and the most important) tasks for any data scientist. In the second section, different independent recipes delve into intermediate topics such as classification, clustering, predicting, and more. With the help of these easy-to-follow recipes, you will also learn techniques that can easily be expanded to solve other real-life problems such as building recommendation engines or predictive models. In the third section, you will explore more advanced topics: from the field of graph theory through natural language processing, discrete choice modeling to simulations. You will also get to expand your knowledge on identifying fraud origin with the help of a graph, scrape Internet websites, and classify movies based on their reviews. By the end of this book, you will be able to efficiently use the vast array of tools that the Python environment has to offer.
Table of Contents (19 chapters)
Practical Data Analysis Cookbook
Credits
About the Author
Acknowledgments
About the Reviewers
www.PacktPub.com
Preface
Index

Introduction


One of the most common problems in the real world is to predict certain quantities or, in more general terms, find a relationship between a set of independent variables and the dependent one. In this chapter, we will focus on predicting the output of a power plant.

The dataset that we will use in this chapter comes from the U.S. Energy Information Administration. We procured the 2014 data from their website, http://www.eia.gov/electricity/data/eia923/xls/f923_2014.zip.

We will use the data from the EIA923_Schedules_2_3_4_5_M_12_2014_Final_Revision.xlsx file only, sheet Generation and Fuel Data. We will be predicting Net Generation (Megawatt hours). As most of the data is categorical (state or fuel type), we decided to dummy code them.

Ultimately, our dataset holds only a subset of 4,494 records of the whole dataset. We selected only the power plants with an output greater than 100 MWh in 2014 that were located in a handful of selected states. We also only selected plants that use...