Unit 8
Unit 8
Data analyst. A data analyst doesn't have the full skill set of a data scientist but can support data science
efforts. The main responsibilities of data analysts are to collect and maintain data from operational systems
and databases, use statistical methods and analytics tools to interpret the data, and prepare dashboards
and reports for business users.
Data engineer. Data engineers are responsible for building, testing and maintaining data pipelines; they
generally have a background in software engineering or computer science that suits their focus on the
technology infrastructure and data collection, management and storage. They also often work closely
with data scientists on data quality, data preparation and model deployment and maintenance tasks.
Data architect. A data architect designs and oversees the implementation of the underlying systems and
data infrastructure that the team uses. In some cases, a data engineer might also handle this role.
Machine learning engineer. Also sometimes called an AI engineer, this position works in conjunction
with data scientists to create, deploy and maintain the algorithms and models needed for machine
learning and AI initiatives.
Business analyst. In some cases, business analysts may be members of a data science team in their
regular role, which includes evaluating business processes and translating business requirements into
analysis plans -- areas in which they can help support the work of data scientists.
Data translator. also known as analytics translators -- act as a connection between data science teams
and business operations and help plan projects and translate the insights gleaned from data analytics
into recommended business actions.
Data visualization developer or engineer. They're tasked with creating data visualizations to make
information more accessible and understandable for business professionals. However, data scientists
and data analysts may handle this role themselves on some teams.
This structured timeline ensures timely project completion while fostering collaboration and
accountability.
By adhering to the timeline persistently, the team can overcome obstacles and achieve project
objectives within the desired timeframe, setting the stage for success.
Deploying and integrating ensures that ML models can effectively contribute to decision-making
processes and further establish robust monitoring to ensure model performance and data integrity
post-deployment.
• Collaborative Environment: Work together as a team, sharing ideas and helping each other out, as
two heads are better than one! Collaboration makes projects stronger and more successful.
Necessary is to be open to others’ ideas, communicate openly, and support your teammates when
they need it.
• Documentation: Maintain comprehensive documentation of project processes, methodologies, and
findings helps to ensure reproducibility and facilitate knowledge transfer as it’s easy to forget things or
lose track of what you’ve done. Good documentation helps you remember and share your work with
others.
• Risk Management: Identify potential problems or challenges early in the project and develop
strategies to reduce the likelihood of their occurrence or minimize their impact if they do happen. It’s
better to be prepared for problems than to be caught off guard.
Data exploration is the first step in the journey of extracting insights from raw datasets. Data exploration
serves as the compass that guides data scientists through the vast sea of information. It involves getting to
know the data intimately, understanding its structure, and uncovering valuable nuggets that lay hidden
beneath the surface.
Data exploration plays a crucial role in data analysis because it helps you uncover hidden gems within
your data. Through this initial investigation, you can start to identify:
• Patterns and Trends: Are there recurring themes or relationships between different data points?
• Anomalies: Are there any data points that fall outside the expected range, potentially indicating
errors or outliers?
key steps:
Data Understanding
•Familiarization: Get an overview of the data format, size, and source.
•Variable Identification: Understand the meaning and purpose of each variable in the dataset.
Data Cleaning
•Identifying Missing Values: Locate and address missing data points strategically (e.g., removal,
imputation).
•Error Correction: Find and rectify any inconsistencies or errors within the data.
•Outlier Treatment: Identify and decide how to handle outliers that might skew the analysis.
Exploratory Data Analysis (EDA)
•Univariate Analysis: Analyze individual variables to understand their distribution (e.g., histograms,
boxplots for numerical variables; frequency tables for categorical variables).
•Bivariate Analysis: Explore relationships between two variables using techniques like scatterplots to
identify potential correlations.
Data Visualization
•Creating Visualizations: Use charts and graphs (bar charts, line charts, heatmaps) to effectively
communicate patterns and trends within the data.
•Choosing the Right Charts: Select visualizations that best suit the type of data and the insights you're
looking for.
Iteration and Refinement
•Iterate: As you explore, you may need to revisit previous steps.
•Refinement: New discoveries might prompt you to clean further, analyze differently, or create new
visualizations.
• Ensuring Data Quality and Integrity: It is essential for spotting and fixing problems with data quality
early on. Through the resolution of missing values, outliers, or discrepancies, data exploration
guarantees that the information used in later studies and models is accurate and trustworthy. This
enhances the general integrity and reliability of the conclusions drawn.
• Foundation for Advanced Analysis and Modeling: Data exploration sets the foundation for more
sophisticated analyses and modeling techniques. It helps in selecting relevant features, understanding
their importance, and refining them for optimal model performance. Without a thorough exploration,
subsequent modeling efforts might lack depth or accuracy.
• Supporting Informed Decision-Making: By revealing patterns and insights, data exploration empowers
decision-makers with a clearer understanding of the data context. This enables informed and evidence-
based decision-making across various domains such as marketing strategies, risk assessment,
resource allocation, and operational efficiency improvements.
• Adaptability and Innovation: In a rapidly changing environment, exploring data allows organizations to
adapt and innovate. Identifying emerging trends or changing consumer behaviors through data
exploration can be crucial in staying competitive and fostering innovation within industries.
• Revealing Latent Insights: Often, valuable insights might be hidden within the data, not immediately
apparent. Through visualization and statistical analysis, data exploration uncovers these latent
insights, providing a deeper understanding of relationships between variables, correlations, or factors
influencing certain outcomes.
• Risk Mitigation and Compliance: In sectors like finance or healthcare, data exploration aids in risk
mitigation by identifying potential fraud patterns or predicting health risks based on patient data. It
also contributes to compliance efforts by ensuring data accuracy and adhering to regulatory
requirements.