Book Image

Data Science Using Python and R

By : Chantal D. Larose, Daniel T. Larose
Book Image

Data Science Using Python and R

By: Chantal D. Larose, Daniel T. Larose

Overview of this book

Data science is hot. Bloomberg named a data scientist as the ‘hottest job in America’. Python and R are the top two open-source data science tools using which you can produce hands-on solutions to real-world business problems, using state-of-the-art techniques. Each chapter in the book presents step-by-step instructions and walkthroughs for solving data science problems using Python and R. You’ll learn how to prepare data, perform exploratory data analysis, and prepare to model the data. As you progress, you’ll explore what are decision trees and how to use them. You’ll also learn about model evaluation, misclassification costs, naïve Bayes classification, and neural networks. The later chapters provide comprehensive information about clustering, regression modeling, dimension reduction, and association rules mining. The book also throws light on exciting new topics, such as random forests and general linear models. The book emphasizes data-driven error costs to enhance profitability, which avoids the common pitfalls that may cost a company millions of dollars. By the end of this book, you’ll have enough knowledge and confidence to start providing solutions to data science problems using R and Python.
Table of Contents (20 chapters)
Free Chapter
1
ABOUT THE AUTHORS
17
INDEX
18
END USER LICENSE AGREEMENT

5.1 THE STORY SO FAR

To recapitulate our progress thus far, we are working our way through the Data Science Methodology.

  1. In Chapter 3, we discussed the importance of the Problem Understanding Phase.
  2. Also in Chapter 3, we dealt with several issues regarding the Data Preparation Phase.
  3. In Chapter 4, we covered some important topics in the Exploratory Data Analysis Phase.
  4. Now, here in Chapter 5, we are ready to tackle the Setup Phase.

The Setup Phase consists of a number of very important tasks that must be completed before we can begin our data modeling. These include:

  • Partitioning the data
  • Validating the data partition
  • Balancing the data
  • Establishing baseline model performance

We cover each of these topics in turn in this chapter.