Category Archives: Data Science
Machine Learning Sklearn Pipeline – Python Example
In this post, you will learning about concepts about machine learning (ML) pipeline and how to build ML pipeline using Python Sklearn Pipeline (sklearn.pipeline) package. Getting to know how to use Sklearn.pipeline effectively for training/testing machine learning models will help automate various different activities such as feature scaling, feature selection / extraction and training/testing the models. It is recommended for data scientists (Python) to get a good understanding of Sklearn.pipeline. Introduction to Machine Learning Pipeline & Sklearn.pipeline Machine Learning (ML) pipeline, theoretically, represents different steps including data transformation and prediction through which data passes. The outcome of the pipeline is the trained model which can be used for making the predictions. …
Sequence Models Quiz 1 – Test Your Understanding
Sequence modeling is extremely important for data scientists as it can be used in a variety of real-world applications. Sequence modeling is used in speech recognition, image recognition, machine translation, and text summarization. These are all important applications that data scientists must be familiar with. As a data scientist, it is important to have a good understanding of sequence modeling and how it can be used to solve real-world problems. In this blog, we’ll be looking at a quiz around sequence models, more specifically the different types of sequence models. This will help us understand how sequence models work and can be used in an interview situation. Before getting into …
Credit Risk Modeling & Machine Learning Use Cases
Credit risk modeling is a process of estimating the probability that a borrower will default on their loan. This is done by analyzing historical data about borrowers’ credit behavior. Credit risk models are used by banks and financial institutions to make better decisions about who to lend money to, how much to extend, and when to pull back. Banks and financial institutions are under constant pressure to improve their business outcomes. One way they are doing this is by using machine learning to better predict credit risk. By understanding the factors that contribute to a borrower’s likelihood of default, banks can make more informed decisions about who to lend money …
Data Storytelling Explained with Examples
Have you ever told a story to someone, but they just didn’t seem to understand it? They might have been confused about the plot or why the characters acted in certain ways. If this has happened to you before, then you are not alone. Many people struggle with data storytelling because they do not know how to communicate their data effectively. Data storytelling is a powerful tool that can be used to educate, inform or persuade an audience. By using charts, graphs, images and other visuals, data can be made more interesting and engaging. Data storytelling involves taking data and presenting it in a way that is easy to understand and …
Performance metrics for Time-series Forecasting models
Time-series forecasting is a specific type of forecasting / predictive modeling that uses historical data to predict future trends in a particular time series. There are several different metrics that can be used to measure the accuracy and efficacy of a time-series forecasting model, including Mean Absolute Error (MAE), Root Mean Squared Error (RMSE), and others. By understanding these performance metrics, you can better assess the effectiveness of your time-series forecasting model and make necessary adjustments as needed. In this blog, you will learn about the different time-series forecasting model performance metrics and how to use them for model evaluation. Check out a related post – Different types of time-series …
Sample Dataset for Regression & Classification: Python
A lot of beginners in the field of data science / machine learning are intimidated by the prospect of doing data analysis and building regression (linear) & classification models in Python. But with an ability to create sample dataset using Python packages, you can practice your skills and build your confidence over a period of time. The technique demonstrated in this blog post to create and visualize / plot the sample dataset includes datasets that can be used for regression models such as linear regression and classification models such as logistic regression, random forest, SVM etc. You can use this technique to explore different methods for solving the same problem. …
Ranking Algorithms & Types: Concepts & Examples
Ranking algorithms are used to rank items in a dataset according to some criterion. Ranking algorithms can be divided into two categories: deterministic and probabilistic. Ranking algorithms are used in search engines to rank webpages according to their relevance to a user’s search query. In this article, we will discuss the different types of ranking algorithms and give examples of each type. What is a Ranking Algorithm? A ranking algorithm is a procedure that ranks items in a dataset according to some criterion. Ranking algorithms are used in many different applications, such as web search, recommender systems, and machine learning. A ranking algorithm is a procedure used to rank items …
Different types of Time-series Forecasting Models
Forecasting is the process of predicting future events based on past and present data. Time-series forecasting is a type of forecasting that predicts future events based on time-stamped data points. There are many different types of time-series forecasting models, each with its own strengths and weaknesses. In this blog post, we will discuss the most common time-series forecasting machine learning models such as the following, and provide examples of how they can be used to predict future events. Autoregressive (AR) model Moving average (MA) model Autoregressive moving average (ARMA) model Autoregressive integrated moving average (ARIMA) model Seasonal autoregressive integrated moving average (SARIMA) model Vector autoregressive (VAR) model Vector error correction …
Knowledge Graph Concepts & Machine Learning: Examples
Knowledge graphs and machine learning are two important tools for understanding and making decisions in business. Knowledge graphs can be used to understand and model complex concepts, while machine learning is a process by which computers learn from data, without being explicitly programmed. Together, these two tools can be used to make better decisions in business by understanding the relationships between data points. In this blog, you will learn about the basics of knowledge graphs and machine learning, and how they can be used to improve decision making in business. What is a Knowledge Graph & how they can are used? A knowledge graph is a collection of data that …
AI / Machine learning (ML) Model Governance Framework
AI / Machine learning (ML) based solutions / applications have become increasingly important in business and industry. However, with the power to make decisions that can impact people’s lives comes a responsibility to use those tools ethically and responsibly. The machine learning model governance framework is designed to help businesses do just that. In this blog, you will learn about the AI / Machine Learning Model Governance framework, its benefits, and how you can implement it in your organization. What is AI / Machine learning (ML) model governance and why its important? Machine learning model governance is a set of process and related tools & frameworks that the businesses need …
Data Lake: Design principles & Best practices
In today’s business world, data is king. The more data you have, the more insights you can glean about your customers, your products, and your operations. And the best way to collect and store all that data is in a data lake. A data lake is a data management and analytics platform that offers several benefits over traditional data warehouses. Data lakes have gained in popularity in recent years due to the growing volume of data being generated by businesses and organizations of all sizes. But before you can reap the benefits of a data lake, you need to design it correctly. The people who should be involved in designing …
Targeted Advertising & Machine Learning: Examples
Targeted advertising is nothing new. Businesses have been using targeted ads for years in order to try and increase sales. However, with the advent of machine learning, businesses are now able to target their ads more effectively than ever before. The importance of using machine learning for targeted advertising cannot be overstated. By using machine learning, businesses can target their ads more accurately and thus see a higher return on investment. This is because machine learning can take into account a variety of factors that humans would not be able to consider, such as browsing history and purchase history. As a business, it is important to stay ahead of the …
Recommender Systems in Machine Learning: Examples
Recommender systems are used in machine learning to predict the ratings or preferences of items for a given user. They are commonly used in e-commerce applications to suggest items that a user may be interested in. One common example of a recommender system is Netflix. Netflix uses a recommender system to suggest movies and TV shows that a user may want to watch. The algorithm looks at past ratings and preferences to make suggestions. In this blog post, you will learn about recommender systems and some of the different types of recommender systems with the help of examples. Recommender systems make use of machine learning to predict the ratings or …
Linear Discriminant Analysis (LDA) Concepts & Examples
You may have heard of Linear Discriminant Analysis (LDA), but you’re not sure what it is or how it works. In the world of machine learning, Linear Discriminant Analysis (LDA) is a powerful algorithm that can be used to determine the best separation between two or more classes. With LDA, you can quickly and easily identify which class a particular data point belongs to. This makes LDA a key tool for solving classification problems. In this blog post, we will discuss the key concepts behind LDA and provide some examples of how it can be used in the real world! What is Linear Discriminant Analysis (LDA) and what are its …
100 Interview Questions for Deep Learning
If you’re looking for a job in deep learning, you’ll need to be prepared to answer some tough questions. In order to help you get started, we’ve put together a list of 100 interview questions for deep learning. While many of these questions are related to deep learning concepts, we have also listed several frameworks (Tensorflow, Pytorch, etc) related questions. By being prepared for these questions, you’ll be able to demonstrate your knowledge and expertise in this area, and increase your chances of landing the job! What is deep learning? How does machine learning differ from deep learning? What are the differences between shallow and deep learning? How does deep …
Building Data Analytics Organization: Operating Models
Most businesses these days are collecting and analyzing data to help them make better decisions. However, in order to do this effectively, they need to build a data analytics organization. This involves hiring the right people with the right skills, setting up the right infrastructure and creating the right processes. In this article, we’ll take a closer look at what it takes to set up a successful data analytics organization. We’ll start by discussing the importance of having the right team in place. Then we’ll look at some of the key infrastructure components that need to be put in place. Finally, we’ll discuss some of the key process considerations that …
