Data Science Application Domains Lesson Glossary

-

 

Data Science Application Domains Lesson Glossary

Welcome! This alphabetized glossary contains many of the terms in this course. These terms are important for you to recognize when working in the industry, participating in user groups, and participating in other certificate programs.

TermDefinitionVideo where the term is introduced
Arithmetic ModelsData science often uses Mathematical models to analyze data and predict outcomes.Old problems, new data science solutions
Case studyIn-depth analysis of an instance of a chosen subject to draw insights that inform theory, practice, or decision-making.Old problems, new data science solutions
Data miningExtracting information from raw data, such as making decisions, predicting trends, or understanding phenomena.How Data Science is Saving Lives
Data ScienceThe field involves collecting, analyzing, and interpreting data to extract valuable insights and make informed decisions.Old problems, new data science solutions
Data StrategyA plan that outlines how an organization will collect, manage, and use data to achieve its goals.Old problems, new data science solutions
Predictive analyticsUsing data, algorithms, models, and machine learning to make predictions.How Data Science is Saving Lives

Comments

Post a Comment

Popular posts from this blog

Lila's Journey to Becoming a Data Scientist: Her Working Approach on the First Task

-
  Education and Skill Acquisition: Lila, with an economics background, decides to transition to data science. Enrolls in the IBM Data Science Professional Certificate for comprehensive training. Gains proficiency in statistics, machine learning, and programming languages. Building a Strong Foundation: Develops a deep understanding of data manipulation and visualization using Python libraries. Visualization for Storytelling: Learns to create informative visualizations, aiding in effective communication of findings. Hands-On Experience: Engages in Kaggle competitions and personal data projects for practical experience. Establishes a GitHub profile to showcase her projects and skills. Data Wrangling and Preprocessing: Focuses on data cleaning, preprocessing, and handling missing data and outliers. Communication and Storytelling: Hones data storytelling skills using tools like Matplotlib and Plotly. Networking and Collaboration: Actively participates in data science communities, attend...
Read more

Notes on Hiring for Data Science Teams

-
  Unicorn Myth in Hiring: Companies often seek individuals with a myriad of skills for data science roles. Ideal candidates possess domain-specific knowledge, excel in data analysis, and have strong presentation and storytelling skills. However, finding such a "unicorn" is rare, and the focus should shift to other essential qualities. Resonance with Company DNA: The key is to identify applicants who resonate with the company's values and business domain. While analytics skills can be taught, passion for the business is intrinsic and contributes significantly to productivity. Curiosity Matters: Curiosity is a top priority in hiring for a data science team. Candidates should demonstrate a broad curiosity, showing interest in various aspects of their surroundings beyond just data science. Sense of Humor: A lighthearted approach is crucial, as being too serious may hinder collaboration and creativity. A sense of humor aids in navigating challenges and fosters a positive work ...
Read more

switch functions

-
  Nested IF Function : The  nested IF  function allows you to perform tests with multiple conditions and return different values based on the results of those tests. It is called “nested” because one IF function is embedded inside another IF function. Syntax of a generic nested IF formula: =IF(condition1, result1, IF(condition2, result2, IF(condition3, result3, result4) ) ) Each subsequent IF function is embedded into the  value_if_false  argument of the previous function. SWITCH Function : The  SWITCH  function is a more compact alternative to nested IF statements. It compares an expression against a list of values and returns the result according to the first matching value. Syntax of the SWITCH function: =SWITCH(expression, value1, result1, [default or value2, result2], ... [default or valueN, resultN]) It has four arguments: expression : The value to compare against the list of values. valueN : A value com...
Read more