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    Data Science for Business: Predictive Modeling, Data Mining, Data Analytics, Data Warehousing, Data Visualization, Regression Analysis, Database Querying, and Machine Learning for Beginners
    Data Science for Business: Predictive Modeling, Data Mining, Data Analytics, Data Warehousing, Data Visualization, Regression Analysis, Database Querying, and Machine Learning for Beginners
    Data Science for Business: Predictive Modeling, Data Mining, Data Analytics, Data Warehousing, Data Visualization, Regression Analysis, Database Querying, and Machine Learning for Beginners
    Ebook70 pages2 hours

    Data Science for Business: Predictive Modeling, Data Mining, Data Analytics, Data Warehousing, Data Visualization, Regression Analysis, Database Querying, and Machine Learning for Beginners

    By Herbert Jones

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    About this ebook

    Do you want to learn about data science but aren't in the mood to read a boring textbook?


    This data science book could be the answer you're looking for...

    Data science has a huge impact on how companies conduct business, and those who don't learn about this revolutionary
    field could be left behind.

    You see, data science will help you make better decisions, know what products and services to release, and how to provide better service to your customers. And it is all done by collecting and sorting through a large amount of information, so you have the right sources behind you when you make a major decision.

    In this guidebook, you will discover more about data science and how to get started in this field.

    This book will discuss the following topics:

    • What is data science?
    • How Big Data works and why it is so important
    • How to do an explorative data analysis
    • Working with data mining
    • How to mine text to get the data
    • Some amazing machine learning algorithms to help with data science
    • How to do data modeling
    • Data visualization
    • How to use data science to help your business grow
    • Tips to help you get started with data science
    • And much, much more!

    So if you are ready to get started with data science, click "buy now"!

    LanguageEnglish
    PublisherHerbert Jones
    Release dateJul 8, 2020
    ISBN9781393585275
    Data Science for Business: Predictive Modeling, Data Mining, Data Analytics, Data Warehousing, Data Visualization, Regression Analysis, Database Querying, and Machine Learning for Beginners

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      Book preview

      Data Science for Business - Herbert Jones

      Chapter 1: What is Data Science?

      Many businesses already know that there is extraordinary potential for the data that they hold onto. They already have this data from their customers and other sources; they just need to be able to harness it and learn how to use it properly. Many of these companies do not know how to harness this material, and they may not have the soft skill or the technical requirements to do data science, which is why this has become a field of work in high demand. For those who already know how to do this kind of thing, you can really become a valuable asset for a business. However, let’s take a look at some of the basics of data science first to determine how to get started with this and what it all means.

      What is data science?

      Data science is a field that helps the user understand events or gain useful information simply by going through data and analyzing it. The results of the analysis are then going to be used to create a decision. This decision is often made by a company to help them better serve their customers, make a newer and better product, and more. These kinds of decisions are also known as data-driven decisions, and they are used to improve decision-making skills, mainly in business, which is the end goal of data science.

      At first glance, it is easy to think that data science is the same as statistics. However, when we talk about statistics, we are just talking about one type of data science. Data science will work with a variety of fields, such as computer science, information science, mathematics, and statistics, to generate information from a set of data that can aid the user to make important decisions.

      Data-driven decision making

      The main idea of data science is to work on data-driven decision making. Data-driven decision making is the discipline of creating decisions that have the backing of analyzed data that has been collected from some relevant sources. Without this kind of data, it is easy to base your decisions on experience, intuition, or on what others tell you are the right decisions. However, all of these can be wrong, even though there is a chance that they would be like.

      With data-driven decision making, it is easier to make smart decisions and then back it up with proof. Sometimes it can be combined with knowledge, intuition, and experience to come up with the best decisions. For example, someone who has worked in the industry for a long time would be able to use the information they get from data science along with their intuition and experience to make the best decisions.

      Of course, there are not really set rules when it comes to the process of data-driven decision making. Many organizations use it to a varying degree based on what they are looking for. Some companies choose to fully rely on this kind of technology, and they will automate it in certain areas of decision making in their organization. One example of this is how Amazon can recommend products based on the purchases that the user has put in their shopping cart.

      Other companies would use people to design a personal data collection, using technology to collect this data and then analyze it, and then will use all that information to make decisions based on them. Google does this to determine if managers are making a difference in how well their team is performing.

      Applications of data science

      You will find that there are many applications when it comes to using data science for business organizations, public agencies, and nonprofit organizations. Government financial agencies and even some banking corporations use data science to determine a lot of things, such as protecting their bank holders from identity theft and bank fraud and to figure out who may be a possible money launderer. Websites and other online stores will use some automated approaches to create decisions driven by data to customize advertisements to their target customers.

      This is not all of course. Social media websites and their applications have started to use facial recognition algorithms to help them make automated tagging features. This is seen in applications like Facebook. Their algorithm can sometimes figure out who is in a picture using these features. On-demand music and video streaming services base their recommendations to the user based on the browsing history of the user.

      These are just a few of the examples of the applications of this type of science. Basically, any organization that would like to collect data and then use it to figure out major decisions in the future will find that data science can work for them. Some companies will do the work on their own and add in some of their knowledge and experience about the industry to help them make decisions. Moreover, some may hire out and get

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