Book Image

Python: Real-World Data Science

By : Fabrizio Romano, Dusty Phillips, Phuong Vo.T.H, Martin Czygan, Robert Layton, Sebastian Raschka
Book Image

Python: Real-World Data Science

By: Fabrizio Romano, Dusty Phillips, Phuong Vo.T.H, Martin Czygan, Robert Layton, Sebastian Raschka

Overview of this book

The Python: Real-World Data Science course will take you on a journey to become an efficient data science practitioner by thoroughly understanding the key concepts of Python. This learning path is divided into four modules and each module are a mini course in their own right, and as you complete each one, you’ll have gained key skills and be ready for the material in the next module. The course begins with getting your Python fundamentals nailed down. After getting familiar with Python core concepts, it’s time that you dive into the field of data science. In the second module, you'll learn how to perform data analysis using Python in a practical and example-driven way. The third module will teach you how to design and develop data mining applications using a variety of datasets, starting with basic classification and affinity analysis to more complex data types including text, images, and graphs. Machine learning and predictive analytics have become the most important approaches to uncover data gold mines. In the final module, we'll discuss the necessary details regarding machine learning concepts, offering intuitive yet informative explanations on how machine learning algorithms work, how to use them, and most importantly, how to avoid the common pitfalls.
Table of Contents (12 chapters)
Free Chapter
Table of Contents
Python: Real-World Data Science
Meet Your Course Guide
What's so cool about Data Science?
Course Structure
Course Journey
The Course Roadmap and Timeline

Chapter 5. Time Series

Time series typically consist of a sequence of data points coming from measurements taken over time. This kind of data is very common and occurs in a multitude of fields.

A business executive is interested in stock prices, prices of goods and services or monthly sales figures. A meteorologist takes temperature measurements several times a day and also keeps records of precipitation, humidity, wind direction and force. A neurologist can use electroencephalography to measure electrical activity of the brain along the scalp. A sociologist can use campaign contribution data to learn about political parties and their supporters and use these insights as an argumentation aid. More examples for time series data can be enumerated almost endlessly.

Time series primer

In general, time series serve two purposes. First, they help us to learn about the underlying process that generated the data. On the other hand, we would like to be able to forecast future values of the...