Tag Archives: ai
Different Success / Evaluation Metrics for AI / ML Products
In this post, you will learn about some of the common success metrics which can be used for measuring the success of AI / ML (machine learning) / DS (data science) initiatives / products. If you are one of the AI / ML stakeholders, you would want to get hold of these metrics in order to apply right metrics in right business use cases. Business leaders do want to know and maximise the return on investments (ROI) from AI / ML investments. Here is the list of success metrics for AI / DS / ML initiatives: Business value metrics / Key performance indicators (KPIs): Business value metrics such as operating …
Predictive vs Prescriptive Analytics Difference
In this post, you will quickly learn about the difference between predictive analytics and prescriptive analytics. As data analytics stakeholders, one must get a good understanding of these concepts in order to decide when to apply predictive and when to make use of prescriptive analytics in analytics solutions / applications. Without further ado, let’s get straight to the diagram. In the above diagram, you could observe / learn the following: Predictive analytics: In predictive analytics, the model is trained using historical / past data based on supervised, unsupervised, reinforcement learning algorithms. Once trained, the new data / observation is input to the trained model. The output of the model is prediction in form …
NLTK – How to Read & Process Text File
In this post, you will learn about the how to read one or more text files using NLTK and process words contained in the text file. As data scientists starting to work on NLP, the Python code sample for reading multiple text files from local storage will be very helpful. Python Code Sample for Reading Text File using NLTK Here is the Python code sample for reading one or more text files. Pay attention to some of the following aspects: Class nltk.corpus.PlaintextCorpusReader reader is used for reading the text file. The constructor takes input parameter such as corpus root and the regular expression representing the files. List of files that are read could be found using method such as fileids List …
10 Key Challenges for AI / ML Projects Implementation
In this post, you will learn about some of the key challenges in relation to achieving successful AI / ML projects implementation in a consistent and sustained manner. As AI / ML project stakeholders including senior management stakeholders, data science architects, product managers etc, you must get a good understanding of what would it take to successfully execute AI / ML projects and create value for the customers and the business. Either you are building AI / ML products or enabling unique models for your clients in SaaS setup, you will come across most of these challenges. Here are some of the key challenges: Whether a machine learning solution is …
Python – Extract Text from HTML using BeautifulSoup
In this post, you will learn about how to use Python BeautifulSoup and NLTK to extract words from HTML pages and perform text analysis such as frequency distribution. The example in this post is based on reading HTML pages directly from the website and performing text analysis. However, you could also download the web pages and then perform text analysis by loading pages from local storage. Python Code for Extracting Text from HTML Pages Here is the Python code for extracting text from HTML pages and perform text analysis. Pay attention to some of the following in the code given below: URLLib request is used to read the html page …
Python – Extract Text from PDF file using PDFMiner
In this post, you will get a quick code sample on how to use PDFMiner, a Python library, to extract text from PDF files and perform text analysis. I will be posting several other posts in relation to how to use other Python libraries for extracting text from PDF files. In this post, the following topic will get covered: How to set up PDFMiner Python code for extracting text from PDF file using PDFMiner Setting up PDFMiner Here is how you would set up PDFMiner.six. You could execute the following command to get set up with PDFMiner while working in Jupyter notebook: Python Code for Extracting Text from PDF file …
NLTK Hello World Python Example
In this post, you will learn about getting started with natural language processing (NLP) with NLTK (Natural Language Toolkit), a platform to work with human languages using Python language. The post is titled hello world because it helps you get started with NLTK while also learning some important aspects of processing language. In this post, the following will be covered: Install / Set up NLTK Common NLTK commands for language processing operations Install / Set up NLTK This is what you need to do set up NLTK. Make sure you have Python latest version set up as NLTK requires Python version 3.5, 3.6, 3.7, or 3.8 to be set up. In Jupyter notebook, you could execute …
8 Key AI Challenges for Telemedicine / Telehealth
In this post, you will learn about some of key challenges of implementing Telemedicine / Telehealth. In case you are working in the field of data science / machine learning, you may want to go through some of the challenges, primarily AI related, which is thrown in Telemedicine domain due to upsurge in need of reliable Telemedicine services. Here are the slides I recently presented in Digital Data Science Conclave hosted by KIIT University. The primary focus is to make sure appropriate controls are in place to make responsible use of AI (Responsible AI). Here are the top 8 challenges which need to be addressed to take full advantage of AI, RPA …
Contract Management Use Cases for Machine Learning
This post briefly represent the contract management use cases which could be solved using machine learning / data science. These use cases can also be termed as predictive analytics use cases. This can be useful for procurement business functions in any manufacturing companies which require to procure raw materials from different suppliers across different geographic locations. The following are some of the examples of industry where these use cases and related machine learning techniques can be useful. Pharmaceutical Airlines Food Transport Key Analytics Questions One must understand the business value which could be created using predictive analytics use cases listed later in this post. One must remember that one must start with questions …
Difference – Artificial Intelligence & Machine Learning
In this post, you learn the difference between artificial intelligence & machine learning. Artificial intelligence represents a set of computer programs that imitate human intelligence. The diagram below represents the key difference between AI and Machine Learning. Basically, machine learning is a part of AI landscape. One can do AI without doing machine learning or deep learning. Thus, an organization can claim that they have AI-based systems without having machine learning or deep learning based systems. All machine learning or deep learning based systems can be termed as AI systems. But, all AI systems may not be termed as machine learning systems. The following are key building blocks of an …
Infographics for Model & Algorithm Selection & Evaluation
This is a short post created for quick reference on techniques which could be used for model evaluation & selection and model and algorithm comparision. This would be very helpful for those aspiring data scientists beginning to learn machine learning or those with advanced data science skills as well. The image has been taken from this blog, Comparing the performance of machine learning models and algorithms using statistical tests and nested cross-validation authored by Dr. Sebastian Raschka The above diagram provides prescription for what needs to be done in each of the following areas with small and large dataset. Very helpful, indeed. Model evaluation Model selection Model and algorithm comparison …
Logistic Regression: Sigmoid Function Python Code
In this post, you will learn about the following: How to represent the probability that an event will take place with the asssociated features (attributes / independent features) Sigmoid function python code Probability as Sigmoid Function The below is the Logit Function code representing association between the probability that an event will occur and independent features. $$Logit Function = \log(\frac{P}{(1-P)}) = {w_0} + {w_1}{x_1} + {w_2}{x_2} + …. + {w_n}{x_n}$$ $$Logit Function = \log(\frac{P}{(1-P)}) = W^TX$$ $$P = \frac{1}{1 + e^-W^TX}$$ The above equation can be called as sigmoid function. Python Code for Sigmoid Function Executing the above code would result in the following plot: Pay attention to some of the …
Beta Distribution Example for Cricket Score Analysis
This post represents a real-world example of Binomial and Beta probability distribution from the sports field. In this post, you will learn about how the run scored by a Cricket player could be modeled using Binomial and Beta distribution. Ever wanted to predict the probability of Virat Kohli scoring a half-century in a particular match. This post will present a perspective on the same by using beta distribution to model the probability of runs that can be scored in a match. If you are a data scientist trying to understand beta and binomial distribution with a real-world example, this post will turn out to be helpful. First and foremost, let’s identify the random variable that we would like …
Pandas – How to Extract Month & Year from Datetime
This is a quick post representing code sample related to how to extract month & year from datetime column of DataFrame in Pandas. The code sample is shown using the sample data, BrentOilPrices downloaded from this Kaggle data page. Here is the code to load the data frame. Check the data type of the data using the following code: The output looks like the following: Date object Price float64 dtype: object Use the following command to change the date data type from object to datetime and extract the month and year. Printing data using head command would print the following:
Pandas – How to Concatenate Dataframe Columns
Quick code sample on how to concatenate the data frames columns. We will work with example of Boston dataset found with sklearn.datasets. One should note that data frames could be concatenated by rows and columns. In this post, you will learn about how to concatenate data frames by columns. Here is the code for working with Boston datasets. First and foremost, the Boston dataset will be loaded. Once loaded, let’s create different different data frames comprising of data and target variable. This above creates two data frames comprising of data (features) and the values of target variable. Here are the snapshots. Use the following command to concatenate the data frames. …
Difference between Machine Learning & Traditional Software
In this post, we will understand what are some of the key differences between machine learning models and traditional/conventional software. S.No Traditional Software Machine Learning 1 In traditional software, the primary objective is to meet functional and non-functional requirements. In machine learning models, the primary goal is to optimize the metric (accuracy, precision/recall, RMSE, etc) of the models. Every 0.1 % improvement in the model metrics could result in significant business value creation. 2 The quality of the software primary depends on the quality of the code. The quality of the model depends upon various parameters which are mainly related to the input data and hyperparameters tuning. 3 Traditional software …
