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

7.6 AN APPLICATION OF MODEL EVALUATION

We will be working with the clothing_data_driven_training and clothing_data_driven_test data sets. The task is to predict whether or not customers will respond to a phone/mail marketing campaign, based on three continuous predictors:

  • Days since Purchase
  • # of Purchase Visits
  • Sales per Visit

The target variable is a flag, Response, coded 1 for positive response and 0 for negative.

We develop a C5.0 model for classifying response using the clothing_data_driven_training data set. Call this Model 1. We will use the clothing_data_driven_test data set to evaluate Model 1. This is performed as follows:

When we compare the predicted Response values from Model 1 to the actual Response values from...