Book Image

The Data Science Workshop

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

The Data Science Workshop

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

Overview of this book

You already know you want to learn data science, and a smarter way to learn data science is to learn by doing. The Data Science Workshop focuses on building up your practical skills so that you can understand how to develop simple machine learning models in Python or even build an advanced model for detecting potential bank frauds with effective modern data science. You'll learn from real examples that lead to real results. Throughout The Data Science Workshop, you'll take an engaging step-by-step approach to understanding data science. You won't have to sit through any unnecessary theory. If you're short on time you can jump into a single exercise each day or spend an entire weekend training a model using sci-kit learn. It's your choice. Learning on your terms, you'll build up and reinforce key skills in a way that feels rewarding. Every physical print copy of The Data Science Workshop unlocks access to the interactive edition. With videos detailing all exercises and activities, you'll always have a guided solution. You can also benchmark yourself against assessments, track progress, and receive content updates. You'll even earn a secure credential that you can share and verify online upon completion. It's a premium learning experience that's included with your printed copy. To redeem, follow the instructions located at the start of your data science book. Fast-paced and direct, The Data Science Workshop is the ideal companion for data science beginners. You'll learn about machine learning algorithms like a data scientist, learning along the way. This process means that you'll find that your new skills stick, embedded as best practice. A solid foundation for the years ahead.
Table of Contents (18 chapters)

Introduction

When you assess the performance of a model, you look at certain measurements or values that tell you how well the model is performing under certain conditions, and that helps you make an informed decision about whether or not to make use of the model that you have trained in the real world. Some of the measurements you will encounter in this chapter are MAE, precision, recall, and R2 score.

You learned how to train a regression model in Chapter 2, Regression, and how to train classification models in Chapter 3, Binary Classification. Consider the task of predicting whether or not a customer is likely to purchase a term deposit, which you addressed in Chapter 3, Binary Classification. You have learned how to train a model to perform this sort of classification. You are now concerned with how useful this model might be. You might start by training one model, and then evaluating how often the predictions from that model are correct. You might then proceed to train more...