Book Image

Principles of Data Science - Third Edition

By : Sinan Ozdemir
Book Image

Principles of Data Science - Third Edition

By: Sinan Ozdemir

Overview of this book

Principles of Data Science bridges mathematics, programming, and business analysis, empowering you to confidently pose and address complex data questions and construct effective machine learning pipelines. This book will equip you with the tools to transform abstract concepts and raw statistics into actionable insights. Starting with cleaning and preparation, you’ll explore effective data mining strategies and techniques before moving on to building a holistic picture of how every piece of the data science puzzle fits together. Throughout the book, you’ll discover statistical models with which you can control and navigate even the densest or the sparsest of datasets and learn how to create powerful visualizations that communicate the stories hidden in your data. With a focus on application, this edition covers advanced transfer learning and pre-trained models for NLP and vision tasks. You’ll get to grips with advanced techniques for mitigating algorithmic bias in data as well as models and addressing model and data drift. Finally, you’ll explore medium-level data governance, including data provenance, privacy, and deletion request handling. By the end of this data science book, you'll have learned the fundamentals of computational mathematics and statistics, all while navigating the intricacies of modern ML and large pre-trained models like GPT and BERT.
Table of Contents (18 chapters)

AI Governance

In the era of technology that we currently reside in, disruptive innovations are largely fueled by data, analytics, and AI. These elements are forging new paths across multiple sectors, birthing fresh avenues for revenue, and redefining corporate management paradigms. Consider the projection by McKinsey & Co., which forecasts an addition of over $15 trillion in business value by 2030, solely attributed to analytics and AI. In recognizing this goldmine, global organizations are fervently channeling resources to establish a strong foothold in this data-driven domain. A 2022 survey by NewVantage Partners supports this notion and indicates that a staggering 97% of surveyed entities are amplifying their investments in data-centric and AI initiatives.

However, a significant paradox emerges here. Despite the enormous capital influx, the majority of organizations grapple with extracting tangible benefits from their data endeavors. So, what seems to be the impediment? The...