Book Image

Practical Data Science Cookbook, Second Edition - Second Edition

By : Prabhanjan Narayanachar Tattar, Bhushan Purushottam Joshi, Sean Patrick Murphy, ABHIJIT DASGUPTA, Anthony Ojeda
Book Image

Practical Data Science Cookbook, Second Edition - Second Edition

By: Prabhanjan Narayanachar Tattar, Bhushan Purushottam Joshi, Sean Patrick Murphy, ABHIJIT DASGUPTA, Anthony Ojeda

Overview of this book

As increasing amounts of data are generated each year, the need to analyze and create value out of it is more important than ever. Companies that know what to do with their data and how to do it well will have a competitive advantage over companies that don’t. Because of this, there will be an increasing demand for people that possess both the analytical and technical abilities to extract valuable insights from data and create valuable solutions that put those insights to use. Starting with the basics, this book covers how to set up your numerical programming environment, introduces you to the data science pipeline, and guides you through several data projects in a step-by-step format. By sequentially working through the steps in each chapter, you will quickly familiarize yourself with the process and learn how to apply it to a variety of situations with examples using the two most popular programming languages for data analysis—R and Python.
Table of Contents (17 chapters)
Title Page
Credits
About the Authors
About the Reviewer
www.PacktPub.com
Preface

Decision trees and rules


The logistic regression model is a powerful technique. For a practitioner, it possesses some difficulties in terms of the p-values, the threshold values of prediction, and so on. The decision rules provide a simple framework wherein the practitioner should simply look up at certain variables and the values to arrive at a decision. For instance, if a customer calls up a bank help desk and tries to find out whether they are eligible for a loan, the call center employee asks for some details such as age, income, gender, existing loans, and so on, and tells them whether they are eligible for the loan. Generally, such a decision is arrived at using sets of decision rules. Similarly, if an emergency patient is on the way to hospital with suspicion of heart related problems, a simple set of rules might help in deciding whether it is a gastric problem or an attack and in the latter case, the hospital can begin the necessary preparations as every single minute would prove...