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Introduction To Data Science

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Introduction To Data Science

Uploaded by

damodar
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Introduction

Shashikant Kulkarni
What is Data Science?
Data Science is about data gathering, analysis and decision-making.

Data Science is about finding patterns in data, through analysis,


and make future predictions.

By using Data Science, companies are able to make:

• Better decisions (should we choose A or B)


• Predictive analysis (what will happen next?)
• Pattern discoveries (find pattern, or maybe hidden information
in the data)
Where is Data Science Needed?
Data Science is used in many industries in the world today, e.g. banking,
consultancy, healthcare, and manufacturing.
Examples of where Data Science is needed:
• For route planning: To discover the best routes to ship
• To foresee delays for flight/ship/train etc. (through predictive
analysis)
• To create promotional offers
• To find the best suited time to deliver goods
• To forecast the next years revenue for a company
• To analyze health benefit of training
• To predict who will win elections
Where is Data Science Needed?
Data Science can be applied in nearly every part of a
business where data is available.
Examples are:
• Consumer goods
• Stock markets
• Industry
• Politics
• Logistic companies
• E-commerce
How Does a Data Scientist Work?
A Data Scientist requires expertise in several
backgrounds:
• Machine Learning
• Statistics
• Programming (Python or R)
• Mathematics
• Databases
A Data Scientist must find patterns within the data.
Before he/she can find the patterns, he/she must
organize the data in a standard format.
Here is how a Data Scientist works:
1. Ask the right questions - To understand the business problem.
2. Explore and collect data - From database, web logs, customer
feedback, etc.
3. Extract the data - Transform the data to a standardized format.
4. Clean the data - Remove erroneous values from the data.
5. Find and replace missing values - Check for missing values and
replace them with a suitable value (e.g. an average value).
6. Normalize data - Scale the values in a practical range (e.g. 140 cm is
smaller than 1,8 m. However, the number 140 is larger than 1,8. - so
scaling is important).
7. Analyze data, find patterns and make future predictions.
8. Represent the result - Present the result with useful insights in a way
the "company" can understand.
Data Science - What is Data?
What is Data?
Data is a collection of information.

One purpose of Data Science is to structure data, making it


interpretable and easy to work with.

Data can be categorized into two groups:

• Structured data (Structured data is organized and easier to work


with)
• Unstructured data (Unstructured data is not organized. We must
organize the data for analysis purposes.)

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