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15 Math Concepts Every Data Scientist Should Know

15 Math Concepts Every Data Scientist Should Know

By : David Hoyle
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15 Math Concepts Every Data Scientist Should Know

15 Math Concepts Every Data Scientist Should Know

4.3 (6)
By: David Hoyle

Overview of this book

Data science combines the power of data with the rigor of scientific methodology, with mathematics providing the tools and frameworks for analysis, algorithm development, and deriving insights. As machine learning algorithms become increasingly complex, a solid grounding in math is crucial for data scientists. David Hoyle, with over 30 years of experience in statistical and mathematical modeling, brings unparalleled industrial expertise to this book, drawing from his work in building predictive models for the world's largest retailers. Encompassing 15 crucial concepts, this book covers a spectrum of mathematical techniques to help you understand a vast range of data science algorithms and applications. Starting with essential foundational concepts, such as random variables and probability distributions, you’ll learn why data varies, and explore matrices and linear algebra to transform that data. Building upon this foundation, the book spans general intermediate concepts, such as model complexity and network analysis, as well as advanced concepts such as kernel-based learning and information theory. Each concept is illustrated with Python code snippets demonstrating their practical application to solve problems. By the end of the book, you’ll have the confidence to apply key mathematical concepts to your data science challenges.
Table of Contents (21 chapters)
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1
Part 1: Essential Concepts
7
Part 2: Intermediate Concepts
13
Part 3: Selected Advanced Concepts

Bayesian modeling in practice

Bayesian model averaging, as encapsulated by Eq. 46, is a very powerful tool for any data scientist to have in their toolkit. In practice, it can take a bit more experience to fully make use of its potential. We haven’t yet said how one goes about computing the expectation value in Eq. 46. This is the practice of Bayesian modeling.

To make Bayesian modeling averaging a practical tool, there are two main approaches we can take:

  • Analytical calculation, whereby we approximate the posterior to the extent that calculation of the expectation in Eq. 46 can be done in closed-form or nearly in closed-form, and so we only need to perform a small number of numerical calculations
  • Computationally intensive sampling, whereby we numerically approximate the integration in Eq. 46 by sampling many different model values of <mml:math xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:m="http://schemas.openxmlformats.org/officeDocument/2006/math"><mml:munder underaccent="false"><mml:mrow><mml:mi>θ</mml:mi></mml:mrow><mml:mo>_</mml:mo></mml:munder></mml:math>

We will now cover those two approaches in more detail.

Analytic approximation of the posterior

We have already introduced...

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15 Math Concepts Every Data Scientist Should Know
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