Book Image

Hands-On Data Science with Anaconda

By : Yuxing Yan, James Yan
Book Image

Hands-On Data Science with Anaconda

By: Yuxing Yan, James Yan

Overview of this book

Anaconda is an open source platform that brings together the best tools for data science professionals with more than 100 popular packages supporting Python, Scala, and R languages. Hands-On Data Science with Anaconda gets you started with Anaconda and demonstrates how you can use it to perform data science operations in the real world. The book begins with setting up the environment for Anaconda platform in order to make it accessible for tools and frameworks such as Jupyter, pandas, matplotlib, Python, R, Julia, and more. You’ll walk through package manager Conda, through which you can automatically manage all packages including cross-language dependencies, and work across Linux, macOS, and Windows. You’ll explore all the essentials of data science and linear algebra to perform data science tasks using packages such as SciPy, contrastive, scikit-learn, Rattle, and Rmixmod. Once you’re accustomed to all this, you’ll start with operations in data science such as cleaning, sorting, and data classification. You’ll move on to learning how to perform tasks such as clustering, regression, prediction, and building machine learning models and optimizing them. In addition to this, you’ll learn how to visualize data using the packages available for Julia, Python, and R.
Table of Contents (15 chapters)

Optimization in Anaconda

Optimization plays a very important role in the area of data science. For example, in finance, investors are constantly seeking a trade-off between risk and return. To diversify their investment, they would like to invest in different industries or buy several stocks. Thus, for an expected portfolio return, how do they choose appropriate stocks to minimize their portfolio risk? For this objective, we could apply some kind of portfolio optimization technique.

Another application is linked to the government's tax policy. We know that cutting the corporate tax rate would encourage companies that are considering more capital investment (that is, long-term investment), such as in equipment. However, at the same time, the government's revenue might fall. If this is true, the government would have to cut many programs intended to help unfortunate people...