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  • Book Overview & Buying A Handbook of Mathematical Models with Python
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A Handbook of Mathematical Models with Python

A Handbook of Mathematical Models with Python

By : Ranja Sarkar
4.1 (7)
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A Handbook of Mathematical Models with Python

A Handbook of Mathematical Models with Python

4.1 (7)
By: Ranja Sarkar

Overview of this book

Mathematical modeling is the art of transforming a business problem into a well-defined mathematical formulation. Its emphasis on interpretability is particularly crucial when deploying a model to support high-stake decisions in sensitive sectors like pharmaceuticals and healthcare. Through this book, you’ll gain a firm grasp of the foundational mathematics underpinning various machine learning algorithms. Equipped with this knowledge, you can modify algorithms to suit your business problem. Starting with the basic theory and concepts of mathematical modeling, you’ll explore an array of mathematical tools that will empower you to extract insights and understand the data better, which in turn will aid in making optimal, data-driven decisions. The book allows you to explore mathematical optimization and its wide range of applications, and concludes by highlighting the synergetic value derived from blending mathematical models with machine learning. Ultimately, you’ll be able to apply everything you’ve learned to choose the most fitting methodologies for the business problems you encounter.
Table of Contents (16 chapters)
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1
Part 1:Mathematical Modeling
4
Part 2:Mathematical Tools
11
Part 3:Mathematical Optimization

Machine Learning vis-à-vis Mathematical Modeling

Having learned about the main components of mathematical optimization, which are decision variables, objective functions, and constraints, in the previous chapter, it is time to throw light on machine learning (ML) models, most of which can be cast as mathematical models. Humans make machines learn from huge amounts of historical data. ML models enhance the decision-making abilities of man and machine, exploiting the power of data and algorithms. There is almost always some optimization algorithm working in the background of most of these models.

The term ML was first popularized by Arthur L. Samuel in the 1950s, who was a pioneer in computer science and gaming. Data volume has increased by leaps and bounds since then, particularly in the last couple of decades, and making sense of huge amounts of data is beyond the scope of the human mind. Hence, ML stepped in and found its application in almost all domains to assist humans...

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A Handbook of Mathematical Models with Python
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