Book Image

The Data Science Workshop - Second Edition

By : Anthony So, Thomas V. Joseph, Robert Thas John, Andrew Worsley, Dr. Samuel Asare
5 (1)
Book Image

The Data Science Workshop - Second Edition

5 (1)
By: Anthony So, Thomas V. Joseph, Robert Thas John, Andrew Worsley, Dr. Samuel Asare

Overview of this book

Where there’s data, there’s insight. With so much data being generated, there is immense scope to extract meaningful information that’ll boost business productivity and profitability. By learning to convert raw data into game-changing insights, you’ll open new career paths and opportunities. The Data Science Workshop begins by introducing different types of projects and showing you how to incorporate machine learning algorithms in them. You’ll learn to select a relevant metric and even assess the performance of your model. To tune the hyperparameters of an algorithm and improve its accuracy, you’ll get hands-on with approaches such as grid search and random search. Next, you’ll learn dimensionality reduction techniques to easily handle many variables at once, before exploring how to use model ensembling techniques and create new features to enhance model performance. In a bid to help you automatically create new features that improve your model, the book demonstrates how to use the automated feature engineering tool. You’ll also understand how to use the orchestration and scheduling workflow to deploy machine learning models in batch. By the end of this book, you’ll have the skills to start working on data science projects confidently. By the end of this book, you’ll have the skills to start working on data science projects confidently.
Table of Contents (16 chapters)
Preface
12
12. Feature Engineering

Assessing Model Performance for Classification Models

Classification models are used for predicting which class a group of features will fall under. You learned to create binary classification models in Chapter 3, Binary Classification, and multi-class classification models in Chapter 4, Multiclass Classification with RandomForest.

When you consider a classification model, you might start to ask yourself how accurate the model is. But how do you evaluate accuracy?

You need to create a classification model before you can start assessing it.

Exercise 6.05: Creating a Classification Model for Computing Evaluation Metrics

In this exercise, you will create a classification model that you will make use of later on for model assessment.

You will make use of the cars dataset from the UCI Machine Learning Repository. You will use this dataset to classify cars as either acceptable or unacceptable based on the following categorical features:

  • buying: the purchase price of...