Principles of Data Science for Business

Principles of Data Science
for Business

Table of Contents
Section 1: Assessment of Itineract Travel Co briefing note:......................................................1
Section 2: Overview of investigation..........................................................................................2
Section 3: Analysis and results ..................................................................................................3
Section 4: Ethical and security considerations .........................................................................11
Section 5: Data Science in Next Steps and Potential Solutions:...............................................12
Report Appendix: Statistics and Methodology:........................................................................13
REFERENCES .............................................................................................................................16

ITINERACT TRAVEL CO – SEARCHABILITY CHALLENGE:
REPORT & RECOMMENDATIONS
Section 1: Assessment of Itineract Travel Co briefing note:
Data studies develop to be one of qualified experts that help in making various important
results which are beneficial for making effective decision. Now effective computer experts
recognize that they need to learn the conventional expertise in data analysis, data collection and
coding in large quantities (Data science, 2020). Data scientists need to monitor the full scope of
the data science development cycle and have a degree of independence and comprehension to
optimize return in every step of the way in which to discover valuable intelligence for certain
companies. Data scientists must be knowledgeable and results focused, including excellent
industry-specific expertise and interpersonal skills that enable themselves to clarify their multi-
technical peers technical findings. We have a clear theoretical track record in mathematics and
linear mathematics and computer expertise of data storage, mining and software modelling
emphasis. Customer data for the last 6 months has been extracted from the company database
and shared in the attached excel file. Each day companies struggle with gigabytes and yottabytes
of organized and binary formats in an environment which progressively becomes a digital room.
Cost cuts and better storage capacity is provided by emerging technology to store critical
information. For each customer, the extract contains information on their age, gender, favourite
cause, number of experiences purchased, total revenue from the customer, and whether they were
selected for the pilot. The company gives people the chance to engage in essential travel
destinations which improve the world as a better place. This was established only five years ago
Itineract travel co providing over 200 experiences for tourism for large number of student.
Therefore a fine balance to maintain a good customer experience on the Itineract website.
Hopefully, it is important to highlight the most appropriate interactions of each client and thus
the less suitable must be rendering to nearly transparent for visitors. This enhances the
complexity of size finding commodity appropriate to need and desire. If a clear information set is
confirmed, Itineract Travel Company must establish and manage a state-of-the-art
recommendation framework and build an internal data science team. Considering the above-
mentioned company vulnerability to numerous political causes, even a recommendation system
would be cautiously prepared and monitored. The multiple decision-making approaches include
a variety of parameters for consideration of choices. Strategic decision-making for the

performance of companies is also essential. As a data scientist in digital marketing and analytics
consultancy different decision policies must be followed according to the principles, risk
behaviours and the expectation of future results of the decision-makers (Provost and Fawcett,
2013). The policy-making mechanisms, for example the decision-maker, circumstance in
decisions and problem solving procedures, have particular characteristics. It was found that to
have a similar features, the central functional properties of the customer willingness to travel
specific place. A variety of options or preferences, decision criteria and the collection of
selection methods are three key features of the method.
The work involves data preparation, study of exploratory information and inferential
numerical analysis. Within this report, basic specifics are provided within the annex. This should
end by presenting potential answers to the findings of the study. Yes, it has been observed that
the dataset which is given for the Itineract Travel Company will be beneficial in determining
number of useful results. These key finding are effective enough to make valuable steps which
ensure in reaching the desired outcome. In order to properly understand the need of data science
technique various test have been performed in other part of report such as descriptive analysis,
Corr tabular presentation etc.
Section 2: Overview of investigation
The analysis started by presenting the information in a manner in which exploratory data
(EDA) can be analysed. It included the reorganization of data and any processing of data that we
thought may also induced partiality. As the business growth Itineract Travel Company strategies
focus on bringing the number of tourists to the website and the service provided to thousands of
people, it will become unbelievably complex to align correct interactions with each future
customer, while also time becoming crucial to meet the development targets of the organization.
EDA is "the tool for the standardized representation of all factors through the data visualization.
As a consultancy company, manager have defined trends through EDA which indicated the
manner in which the shift in travelling need of customer had occurred and possible explanations
these customer wants explore (Provost and Fawcett, 2013). The effect was a huge number of
excellent visualizations, demonstrating how the traffic problem evolved overtime. The study then
concentrated about whether the counts obtained matched an established statistical pattern on
which more analyses could be centred. It is also noticed that the results were not normally
distributed and the values were more nearer to the Poisson test. This allowed consultancy

company to understand what sort of inferential figures manager would carry out in order to
make suitable decision. Inferential statistics were then done as a bootstrap. It provided for
manager to quantify confidence intervals to decide if statistically significant variations are
known, whether or not these discrepancies were the result of a change, or could have happened
within the customer preferences and the tourist destination. I do this so that they are more
confident of the improvements we have noticed and can therefore depend on them when manager
to make decisions. Eventually, they used these findings to consider possible approaches to the
problems and proposed methods for data science that could be adapted to their execution and
effectiveness. The different data set related to customer experience including age, favourite
reason for the rating for experience, the gender within 1000 observations. Moreover the data set
also includes the id code which was allotted for each individual and group of customer visiting
specific place in that time period as per their desire and requirement (Larson and Chang, 2016).
In addition the entire observation also includes the total revenue generated from specific location
and each customer were selected for the pilot or not. In order to make better results form all the
test the data related to Itineract was first categories into dependent variable and independent
variable so that results can be favourable. Moreover descriptive test and correlation between,
experiences purchased, age, id, total revenue is determine. In addition, correlation test is
performed between pilot, age, total revenue.
Section 3: Analysis and results
In order to perform proper and authentic analysis and determine the suitable results types
of regression models are used which help to define that the customer visiting a particular place
are satisfied or not.
Liner regression analysis is beneficial in determining the suitable values which support in
making proper recommendation regarding
Descriptive Statistics
Mean Std.
Deviation
N
experiences_purchased 1.66 2.037 1000
age 65.97 54.317 1000
id 499.50 288.819 1000
total_revenue 96.20 268.240 1000