Data Science: Exploring Key Concepts and Applications

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Added on  2022/08/31

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Homework Assignment
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This assignment provides a comprehensive overview of data science, emphasizing its importance, essential skills, and applications. It delves into the core concepts of data science, highlighting the need for mathematical understanding, particularly in areas like linear algebra and calculus, and also covers programming languages such as Python and R. The assignment also discusses the various tools and software commonly used by data scientists, including Jupyter Notebook, Spyder, and R-Studio, along with popular libraries such as Pandas, NumPy, Matplotlib, and Scikit-learn. It further explores statistical concepts like mean, median, and probability distributions, as well as machine learning algorithms such as linear regression and K-means clustering. Finally, it differentiates data science from statistics, emphasizing its broader scope encompassing data analysis, visualization, and prediction, and emphasizes the skills and knowledge required to become a data scientist. The assignment also provides a link to a blog post on data science curriculum for self-study.
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Data science is the new hot topic in the industry. Many industries are adapting these technology to
gain benefited from it. Thus it is crucial to gain knowledge and understand for getting started in
the field. There are various resources available on both online and offline from which one can be
benefitted if used accordingly. There are basic and advance skills one need to learn if want a good
career in the field of data science and data analysis. Due to huge demand many universities and
institutes started rolling out there courses for the aspirant who wishes to learn and want a good
career.
The importance of data science relies on data. To find hidden patterns, or to get in-depth
knowledge about the data, data science plays a crucial role. As with such huge production of data
on daily basis it is necessary to use data science tools and other things to gain knowledge of the so
that it will be benefited in the near future. This technology has been adapted by many industries
which includes healthcare, banking and many more which analyze data using different data science
technique which helps them to take better decisions.
The learning process consist of with basic math which includes algebra which are taught
in the high schools mainly vectors, Eigenvalues, transpose of matrix, inverse of the matrix,
determinant of vectors and many more, then calculus which consist of Derivatives and gradients,
cost function and many more and at the end some optimization methods are needed which are
applied on training and testing dataset which will be used for prediction purposes. With all the
basic math one need to have proper understanding of programming. The main program languages
mainly used for data science are python and R which are the mostly used languages in this field.
Few tools and software used are-
Jupyter notebook
Spyder
PyCharm
R-Studio
There are many libraries which are included with the packages which are used by the data
scientist for analysis purposes which includes pandas, NumPy, matplotlib, seaborn, scikitlearn
keras, plotly and many more which helps in analysis and visualization purposes. Different
statistical understanding while model evaluation includes the mean, median, variance, Probability
distributions (Binomial, Poisson, Normal) and Baye’s Theorem which includes Precision, Recall,
Positive Predictive Value, Negative Predictive Value, Confusion Matrix, ROC Curve.
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Data science and machine learning are inter related with one another, thus there are few
machine learning algorithm which are used to predict future instances which includes-
Linear regression
K-nearest neighbor (KNN) Classifier
Random Forest Classifier
K-means clustering algorithm etc.
Many statisticians tried to relate data science with statistics and said, it’s a part of it but in
reality data science is far beyond than statistics. Data science is just an integration of different
fields which includes data analysis, data visualization, model buildup, prediction and forecasting
etc. Thus to become a data scientist one needs to have all the above skills, knowledge and
understating which are crucial for the job.
Blog post link- https://www.kdnuggets.com/2020/02/data-science-curriculum-self-study.html
Total word count- 495
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