Book Image

Simulation for Data Science with R

By : Matthias Templ
Book Image

Simulation for Data Science with R

By: Matthias Templ

Overview of this book

Data Science with R aims to teach you how to begin performing data science tasks by taking advantage of Rs powerful ecosystem of packages. R being the most widely used programming language when used with data science can be a powerful combination to solve complexities involved with varied data sets in the real world. The book will provide a computational and methodological framework for statistical simulation to the users. Through this book, you will get in grips with the software environment R. After getting to know the background of popular methods in the area of computational statistics, you will see some applications in R to better understand the methods as well as gaining experience of working with real-world data and real-world problems. This book helps uncover the large-scale patterns in complex systems where interdependencies and variation are critical. An effective simulation is driven by data generating processes that accurately reflect real physical populations. You will learn how to plan and structure a simulation project to aid in the decision-making process as well as the presentation of results. By the end of this book, you reader will get in touch with the software environment R. After getting background on popular methods in the area, you will see applications in R to better understand the methods as well as to gain experience when working on real-world data and real-world problems.
Table of Contents (18 chapters)
Simulation for Data Science with R
Credits
About the Author
About the Reviewer
www.PacktPub.com
Preface
Index

Summary


Simulation experiments are mostly data-dependent and thus perfectly suited for a data scientist. Different kinds of simulation techniques have been mentioned in this chapter. They are discussed in detail in the next chapters. We mentioned that simulation can be applied almost everywhere to show the properties and performance of methods, to make predictions, and to assess statistical uncertainty. We learned that no general approach exists and that quite different methods exist for different tasks, data sets, and problems. It's up to the data scientist and statistician to choose the right simulation approach.

Whenever computational power is an issue, remember that almost any simulation can be run in a parallel manner, and modern software is ready for this task.

In practice, one should not ask the question "Why did you use simulation?" to somebody who has applied simulation techniques, but rather "Why didn't you use simulation?" to somebody who did not.