Basic concept of Data-Science and its Applications
1. Data Science
Data science is an interdisciplinary field that uses scientific
methods, processes, algorithms, and systems to extract
knowledge and insights from structured and unstructured
data.
Dr. Irshad Ahmed
2. What is Data Science?
Data science involves the extraction of meaningful
information from data through various techniques such as
statistical modeling, machine learning, and data visualization.
3. Data Collection and Storage
1 Data Collection
Collection of relevant data using various methods such as surveys, experiments, and web scraping.
2 Data Storage
Storing data securely and efficiently in data warehouses, databases, or cloud storage solutions.
3 Data Management
Organizing and maintaining data to ensure accuracy, integrity, and accessibility.
4. Data Cleaning and Processing
Preprocessing and transforming data to ensure its quality and compatibility for analysis. Techniques may
include missing data imputation, outlier detection, and feature engineering.
5. Data Analysis and Modeling
Exploratory Data Analysis
Uncovering patterns,
relationships, and insights from
data through statistical
techniques and visual
exploration.
Machine Learning
Building predictive models and
algorithms that can learn
patterns from data and make
accurate predictions or
classifications.
Data Modeling
Designing and implementing
data models to represent the
structure and relationships
within the data.
6. Data Visualization and Communication
Data Visualization
Presenting data visually through charts, graphs,
and interactive dashboards to facilitate
understanding and insights.
Storytelling with Data
Effectively communicating data-driven
narratives and insights to different
stakeholders.
7. Applications of Data Science
Healthcare
Improving patient outcomes
through predictive analytics,
precision medicine, and disease
surveillance.
E-commerce
Enhancing customer
experience, personalized
recommendations, and
demand forecasting.
Finance
Identifying fraud, risk
assessment, algorithmic
trading, and portfolio
management.
8. Challenges in Data Science
Research
1 Data Quality
Cleaning and validating data to ensure accuracy, completeness, and
consistency.
2 Privacy and Ethics
Dealing with sensitive data and maintaining privacy while extracting
meaningful insights.
3 Interpretability
Understanding and explaining complex models and results in a way that
is interpretable to stakeholders.
4 Scalability
Handling large volumes of data efficiently and effectively.