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Data Science Process

If you are in a technical domain or a student with a technical background then you must have heard about Data Science from some source certainly. This is one of the booming fields in today’s tech market. And this will keep going on as the upcoming world is becoming more and more digital day by day. And the data certainly hold the capacity to create a new future. In this article, we will learn about Data Science and the process which is included in this.

What is Data Science?

Data can be proved to be very fruitful if we know how to manipulate it to get hidden patterns from them. This logic behind the data or the process behind the manipulation is what is known as Data Science. From formulating the problem statement and collection of data to extracting the required results from them the Data Science process and the professional who ensures that the whole process is going smoothly or not is known as the Data Scientist. But there are other job roles as well in this domain as well like:



  1. Data Engineers
  2. Data Analysts
  3. Data Architect
  4. Machine Learning Engineer
  5. Deep Learning Engineer

Data Science Process Life Cycle

There are some steps that are necessary for any of the tasks that are being done in the field of data science to derive any fruitful results from the data at hand.

Data Science Process Life Cycle

Components of Data Science Process

Data Science is a very vast field and to get the best out of the data at hand one has to apply multiple methodologies and use different tools to make sure the integrity of the data remains intact throughout the process keeping data privacy in mind. Machine Learning and Data analysis is the part where we focus on the results which can be extracted from the data at hand. But Data engineering is the part in which the main task is to ensure that the data is managed properly and proper data pipelines are created for smooth data flow. If we try to point out the main components of Data Science then it would be:



Knowledge and Skills for Data Science Professionals

As a Data Scientist, you’ll be responsible for jobs that span three domains of skills.

  1. Statistical/mathematical reasoning
  2. Business communication/leadership
  3. Programming

1. Statistics: Wikipedia defines it as the study of the collection, analysis, interpretation, presentation, and organization of data. Therefore, it shouldn’t be a surprise that data scientists need to know statistics.

2. Programming Language R/ Python: Python and R are one of the most widely used languages by Data Scientists. The primary reason is the number of packages available for Numeric and Scientific computing.

3. Data Extraction, Transformation, and Loading: Suppose we have multiple data sources like MySQL DB, MongoDB, Google Analytics. You have to Extract data from such sources, and then transform it for storing in a proper format or structure for the purposes of querying and analysis. Finally, you have to load the data in the Data Warehouse, where you will analyze the data. So, for people from ETL (Extract Transform and Load) background Data Science can be a good career option.

Steps for Data Science Processes:

Step 1: Defining research goals and creating a project charter

Create a project charter

A project charter requires teamwork, and your input covers at least the following:

  1. A clear research goal
  2. The project mission and context
  3. How you’re going to perform your analysis
  4. What resources you expect to use
  5. Proof that it’s an achievable project, or proof of concepts
  6. Deliverables and a measure of success
  7. A timeline

Step 2: Retrieving Data

Start with data stored within the company

Step 3: Cleansing, integrating, and transforming data-

Cleaning:

Integrating:

Joining Tables:

Appending Tables:

Transforming Data

Reducing the Number of Variables

Step 4: Exploratory Data Analysis

Step 5: Build the Models

Step 6: Presenting findings and building applications on top of them –

Benefits and uses of data science and big data

Tools for Data Science Process

As time has passed tools to perform different tasks in Data Science have evolved to a great extent. Different software like Matlab and Power BI, and programming Languages like Python and R Programming Language provides many utility features which help us to complete most of the most complex task within a very limited time and efficiently. Some of the tools which are very popular in this domain of Data Science are shown in the below image.

Tools for Data Science Process

Usage of Data Science Process

The Data Science Process is a systematic approach to solving data-related problems and consists of the following steps:

  1. Problem Definition: Clearly defining the problem and identifying the goal of the analysis.
  2. Data Collection: Gathering and acquiring data from various sources, including data cleaning and preparation.
  3. Data Exploration: Exploring the data to gain insights and identify trends, patterns, and relationships.
  4. Data Modeling: Building mathematical models and algorithms to solve problems and make predictions.
  5. Evaluation: Evaluating the model’s performance and accuracy using appropriate metrics.
  6. Deployment: Deploying the model in a production environment to make predictions or automate decision-making processes.
  7. Monitoring and Maintenance: Monitoring the model’s performance over time and making updates as needed to improve accuracy.

Issues of Data Science Process

  1. Data Quality and Availability: Data quality can affect the accuracy of the models developed and therefore, it is important to ensure that the data is accurate, complete, and consistent. Data availability can also be an issue, as the data required for analysis may not be readily available or accessible.
  2. Bias in Data and Algorithms: Bias can exist in data due to sampling techniques, measurement errors, or imbalanced datasets, which can affect the accuracy of models. Algorithms can also perpetuate existing societal biases, leading to unfair or discriminatory outcomes.
  3. Model Overfitting and Underfitting: Overfitting occurs when a model is too complex and fits the training data too well, but fails to generalize to new data. On the other hand, underfitting occurs when a model is too simple and is not able to capture the underlying relationships in the data.
  4. Model Interpretability: Complex models can be difficult to interpret and understand, making it challenging to explain the model’s decisions and decisions. This can be an issue when it comes to making business decisions or gaining stakeholder buy-in.
  5. Privacy and Ethical Considerations: Data science often involves the collection and analysis of sensitive personal information, leading to privacy and ethical concerns. It is important to consider privacy implications and ensure that data is used in a responsible and ethical manner.
  6. Technical Challenges: Technical challenges can arise during the data science process such as data storage and processing, algorithm selection, and computational scalability.

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