IDS Mid 1 Notes
IDS Mid 1 Notes
IDS Mid 1 Notes
1.Volume, Velocity, Variety: The core idea behind Big Data is handling vast amounts of
data that are generated rapidly and come in different formats.
2.Advanced Analytics: The promise of Big Data is often tied to advanced analytics,
including predictive analytics, real-time analytics, and machine learning. The ability to
derive actionable insights from large datasets has been a major selling point.
3.Infrastructure and Technology: Technologies like Hadoop, Spark, and cloud computing
have become synonymous with Big Data. The hype often revolves around the ability of
these technologies to store, process, and analyze large datasets efficiently.
4.Industry Applications: Big Data is frequently promoted as a transformative force across
various industries, from healthcare and finance to retail and transportation. The ability to
optimize operations, enhance customer experiences, and discover new business
opportunities are commonly highlighted benefits.
5.Challenges and Concerns: Despite the hype, there are challenges, such as data privacy
and security, the need for specialized skills, and the potential for data misinterpretation.
The costs and complexities associated with implementing Big Data solutions can also be
significant.
Data Science Hype
1.Interdisciplinary Field: Data Science encompasses statistics, computer science,
domain expertise, and more. The hype often centers on the ability of Data
Scientists to tackle complex problems by combining these disciplines.
2.Machine Learning and AI: A major driver of the Data Science hype is the growth
of machine learning and artificial intelligence. The idea that algorithms can learn
from data and make predictions or decisions has captivated the public and
businesses alike.
3.Job Market and Salaries: The demand for Data Scientists has led to high salaries
and a perception that it is a lucrative career path. This has contributed to the
hype, with many people entering the field in search of high-paying jobs.
4.Business Impact: Data Science is often seen as a key to competitive advantage.
Businesses are keen to leverage data to improve decision-making, understand
customer behavior, and streamline operations.
5.Education and Training: The hype has led to a rapid increase of educational
programs, online courses, and boot camps aimed at training the next generation
of Data Scientists.
Datafication refers to the transformation of various aspects of life, business
processes, and human activities into data that can be quantified, analyzed,
and used for decision-making. It involves converting diverse forms of
information into digital data, enabling organizations to analyze and utilize it
for various purposes, such as improving services, understanding behavior,
and predicting trends.
Key Aspects of Datafication:
1.Digitization: Converting analog information (like physical documents,
spoken words, or physical activities) into digital form. This is a foundational
step in datafication, as it allows data to be stored, processed, and analyzed
using digital technologies.
2.Data Collection: Gathering data from various sources, such as sensors,
social media, transaction records, GPS, and more. Modern technology
enables the collection of vast amounts of data in real time.
1.Data Storage and Management: Storing the collected data in databases,
data warehouses, or data lakes. Proper management of this data, including
ensuring its quality and accessibility, is crucial for effective analysis.
2.Data Analysis: Using various data science techniques, such as machine
learning, statistical analysis, and data mining, to extract insights from the
data. This analysis can reveal patterns, correlations, and trends that can
inform decision-making.
3.Data-Driven Decision Making: Leveraging the insights gained from data
analysis to make informed decisions. Data-driven approaches can optimize
business processes, enhance customer experiences, and improve
operational efficiency.
Applications of Datafication:
1.Business and Marketing: Companies use datafication to understand
customer behavior, personalize marketing efforts, optimize supply chains,
and improve product offerings.
2.Healthcare: Data from medical records, wearable devices, and patient
monitoring systems can be analyzed to improve diagnoses, treatments,
and patient outcomes.
3.Smart Cities: Data from sensors and connected devices in urban
environments can optimize traffic flow, manage utilities, and enhance
public safety.
4.Finance: Financial institutions use datafication to detect fraud, assess
credit risk, and provide personalized financial services.
5.Education: Data on student performance and behavior can be used to
tailor educational content, improve learning outcomes, and streamline
administrative processes.
The Current Landscape (with a Little History)
Drew Conway's Venn Diagram is a popular conceptual model used to describe
the essential skills required for data science. It consists of three overlapping
circles, each representing a different domain:
1.Mathematics and Statistics Knowledge: This circle represents the
foundational understanding of statistical methods, mathematical theories,
and techniques crucial for data analysis and interpretation.
2.Substantive Expertise: This area pertains to domain-specific knowledge or
expertise. It includes understanding the field or industry in which data
science is being applied, such as finance, healthcare, marketing, etc.
3.Hacking Skills: This circle refers to the technical ability to manipulate and
work with data, including programming skills, software engineering, and
familiarity with tools like Python, R, SQL, and other data-related
technologies.
Drew Conway’s
statistical inference
Statistical inference is the cornerstone of data science. It's the process of
drawing conclusions about a population based on a sample of data. While we
often have access to large datasets, it's rarely feasible to analyze the entire
population.
Key Concepts
• Population: The entire group we're interested in studying.
• Sample: A subset of the population used for analysis.
• Parameter: A numerical characteristic of the population (e.g., population
mean, population standard deviation).
• Statistic: A numerical characteristic of a sample (e.g., sample mean, sample
standard deviation).
• Inference: The process of drawing conclusions about population parameters
based on sample statistics.
Suppose your population was all emails sent last year by employees at a huge corporation,
BigCorp.
Then a single observation could be a list of things: the sender’s name, the list of recipients,
date sent, text of email, number of characters in the email, number of sentences in the
email, number of verbs in the email, and the length of time until first reply
In the BigCorp email example, you could make a list of all the employees and select 1/10th
of those people at random and take all the email they ever sent, and that would be your
sample.
Alternatively, you could sample 1/10th of all email sent each day at random, and that
would be your sample. Both these methods are reasonable, and both methods yield the
same sample size. But if you took them and counted how many email messages each
person sent, and used that to estimate the underlying distribution of emails sent by all
indiviuals at BigCorp, you might get entirely different answers
Statistical modeling in data science involves using mathematical models to
represent, analyze, and predict data. It's a core component of data science,
providing the tools and techniques to understand data, identify relationships,
and make data-driven decisions
By
Mr K Kishore Kumar
Assistant Professor
Department of Data Science
What is Data Science?
Data science is an interdisciplinary field that involves extracting
valuable insights and knowledge from data using scientific methods,
processes, algorithms, and systems.
It combines elements from statistics, mathematics, computer science,
and domain expertise to analyze large and complex datasets
Core Components of Data Science:
• Data Collection: Gathering relevant data from various sources.
• Data Cleaning: Preparing data for analysis by handling missing
values, inconsistencies, and outliers.
• Data Exploration: Discovering patterns and trends within the data
through visualization and summary statistics.
• Data Modeling: Building statistical or machine learning models to
predict outcomes or understand relationships.
• Data Evaluation: Assessing the accuracy and reliability of models.
• Data Communication: Presenting findings and insights in a clear and
understandable manner.
Applications of Data Science:
• Data science has a wide range of applications across industries, including:
• Business: Customer segmentation, fraud detection, marketing
optimization.
• Healthcare: Disease prediction, drug discovery, personalized medicine.
• Finance: Risk assessment, algorithmic trading, fraud prevention.
• Marketing: Customer behavior analysis, recommendation systems,
targeted advertising.
What is R?
R is a powerful, open-source programming language and environment
primarily used for statistical computing and data analysis.
It's become a cornerstone for data scientists, statisticians, and researchers
due to its flexibility, vast ecosystem of packages, and strong community
support. `
Why R?
• Open-source: Free to use and distribute.
• Comprehensive: Offers a wide range of statistical and graphical
techniques.
• Flexible: Can handle large datasets and complex analyses.
• Extensible: Thousands of packages available for specialized tasks.
• Active Community: Strong support and continuous development.
• R was started by professors Ross Ihaka and Robert
Gentleman as a programming language to teach introductory
statistics at the University of Auckland.[10] The language was
inspired by the S programming language, with most S programs
able to run unaltered in R.[6] The language was also inspired
by Scheme's lexical scoping, allowing for local variables
Getting Started
1.Download R: Visit the Comprehensive R Archive Network (CRAN) at
https://cran.r-project.org/ to download and install R for your operating
system.
2.RStudio: While optional, RStudio is a popular Integrated Development
Environment (IDE) that provides a user-friendly interface for R
programming. It's highly recommended for beginners.
Basic Concepts
• R Console: This is where you
interact with R by typing
commands.
• Objects: R stores data in objects.
These can be numbers, text,
logical values, or more complex
structures.
• Functions: Built-in or user-
defined procedures to perform
specific tasks.
• Packages: Collections of
functions and data for specific
purposes.
Basic Syntax:
# Access the element at the 2nd row, 1st column (Alice's Name)
df [2, 1]
Subsetting Data Frames
Subsetting refers to extracting a portion of the Data Frame, either
rows, columns, or both.
Subsetting by Rows: You can select rows based on specific criteria,
such as filtering by a column value.
# Subset rows where Gender is 'Female'
df_female <- df[df$Gender == "Female", ]
print(df_female)
Subsetting by Columns:
You can select specific columns by name or index.
# Subsetting columns 'Name' and 'Age'
df_subset <- df[, c("Name", "Age")]
print(df_subset)
Combining Rows and Columns: You can subset both rows and
columns at the same time.
# Select the 'Name' column for the first 3 rows
df_subset <- df[1:3, "Name"]
print(df_subset)