Unit1 - Notes
Unit1 - Notes
Data science is the domain of study that deals with vast volumes of data
using modern tools and techniques to find unseen patterns, derive
meaningful information, and make business decisions. Data science uses
complex machine learning algorithms to build predictive models. The data
used for analysis can come from many different sources and presented in
various formats.
Data Science is the deep study of a large quantity of data, which involves
extracting some meaningful from the raw, structured, and unstructured
data. The extracting out meaningful data from large amounts use
processing of data and this processing can be done using statistical
techniques and algorithm, scientific techniques, different technologies,
etc. It uses various tools and techniques to extract meaningful data from
raw data. Data Science is also known as the Future of Artificial
Intelligence.
Now that you know what is data science, next up let us focus on the data
science lifecycle. Data science’s lifecycle consists of five distinct stages,
each with its own tasks:
1. In Search Engines
2. In Transport
Data Science also entered into the Transport field like Driverless Cars.
With the help of Driverless Cars, it is easy to reduce the number of
Accidents.
For Example, In Driverless Cars the training data is fed into the
algorithm and with the help of Data Science techniques, the Data is
analyzed like what is the speed limit in Highway, Busy Streets, Narrow
Roads, etc. And how to handle different situations while driving etc.
3. In Finance
For Example, In Stock Market, Data Science is the main part. In the
Stock Market, Data Science is used to examine past behavior with past
data and their goal is to examine the future outcome. Data is analyzed in
such a way that it makes it possible to predict future stock prices over a
set timetable.
4. In E-Commerce
5. In Health Care
Detecting Tumor.
Drug discoveries.
6. Image Recognition
7. Targeting Recommendation
Targeting Recommendation is the most important application of Data
Science. Whatever the user searches on the Internet, he/she will see
numerous posts everywhere. This can be explained properly with an
example: Suppose I want a mobile phone, so I just Google search it and
after that, I changed my mind to buy offline. Data Science helps those
companies who are paying for Advertisements for their mobile. So
everywhere on the internet in the social media, in the websites, in the
apps everywhere I will see the recommendation of that mobile phone
which I searched for. So this will force me to buy online.
With the help of Data Science, Airline Sector is also growing like with the
help of it, it becomes easy to predict flight delays. It also helps to decide
whether to directly land into the destination or take a halt in between like
a flight can have a direct route from Delhi to the U.S.A or it can halt in
between after that reach at the destination.
In most of the games where a user will play with an opponent i.e. a
Computer Opponent, data science concepts are used with machine
learning where with the help of past data the Computer will improve its
performance. There are many games like Chess, EA Sports, etc. will use
Data Science concepts.
Various Logistics companies like DHL, FedEx, etc. make use of Data
Science. Data Science helps these companies to find the best route for the
Shipment of their Products, the best time suited for delivery, the best
mode of transport to reach the destination, etc.
12. Autocomplete