Data Science Essentials For Dummies (eBook)

Lillian Pierson (Autor)

eBook Download: EPUB

2024
264 Seiten
Wiley (Verlag)
978-1-394-29701-6 (ISBN)

Infos

Feel confident navigating the fundamentals of data science

Data Science Essentials For Dummies is a quick reference on the core concepts of the exploding and in-demand data science field, which involves data collection and working on dataset cleaning, processing, and visualization. This direct and accessible resource helps you brush up on key topics and is right to the point-eliminating review material, wordy explanations, and fluff-so you get what you need, fast.

• Strengthen your understanding of data science basics
• Review what you've already learned or pick up key skills
• Effectively work with data and provide accessible materials to others
• Jog your memory on the essentials as you work and get clear answers to your questions

Perfect for supplementing classroom learning, reviewing for a certification, or staying knowledgeable on the job, Data Science Essentials For Dummies is a reliable reference that's great to keep on hand as an everyday desk reference.

Lillian Pierson, PE, is the founder and fractional CMO at Data-Mania, as well as a globally recognized growth leader in technology. To date, she has helped educate approximately 2 million professionals on how to leverage AI, data strategy, and data science to drive business growth.

Textauszug

Chapter 1

Wrapping Your Head Around Data Science

IN THIS CHAPTER

Deploying data science methods across various industries

Piecing together the core data science components

Identifying viable data science solutions to business challenges

Exploring data science career alternatives

For over a decade now, everyone has been absolutely deluged by data. It’s coming from every computer, every mobile device, every camera, and every imaginable sensor — and now it’s even coming from watches and other wearable technologies. Data is generated in every social media interaction we humans make, every file we save, every picture we take, and every query we submit; data is even generated when we do something as simple as ask a favorite search engine for directions to the closest ice cream shop.

If you’re anything like I was, you may have wondered, “What’s the point of all this data? Why use valuable resources to generate and collect it?” Although even just two decades ago, no one was in a position to make much use of most of the data that’s generated, the tides today have definitely turned. Specialists known as data engineers are constantly finding innovative and powerful new ways to capture, collate, and condense unimaginably massive volumes of data. Other specialists known as data scientists are leading change by deriving valuable and actionable insights from that data.

In its truest form, data science represents the optimization of processes and resources. Data science produces data insights — actionable, data-informed conclusions or predictions that you can use to understand and improve your business, your investments, your health, and even your lifestyle and social life. Using data science insights is like being able to see in the dark. For any goal or pursuit you can imagine, you can find data science methods to help you predict the most direct route from where you are to where you want to be — and to anticipate every pothole in the road between both places.

In this chapter, I explain the difference between data science and data engineering.

Seeing Who Can Make Use of Data Science

The terms data science and data engineering are often misused and confused, so let me start off by clarifying that these two fields are, in fact, separate and distinct domains of expertise. Data science is the computational science of extracting meaningful insights from raw data and then effectively communicating those insights to generate value. Data engineering, on the other hand, is an engineering domain that’s dedicated to building and maintaining systems that overcome data processing bottlenecks and data handling problems for applications that consume, process, and store large volumes, varieties, and velocities of data.

In both data science and data engineering, you commonly work with the following types of data:

• Structured data: Data that is stored, processed, and manipulated in a traditional relational database management system (RDBMS). An example of this type of data can be seen in the tabular schema of rows and columns you’d commonly encounter when working with corporate databases.
• Unstructured data: Data that is commonly generated from human activities and doesn’t fit into a structured database format. Examples of unstructured data are data that comprises email documents, Microsoft Word documents or audio or video files.
• Semistructured data: Data that doesn’t fit into a structured database system but is nonetheless organizable by tags that are useful for creating a form of order and hierarchy in the data. XML and JSON files are examples of data that comes in semistructured form.

In the past, only large tech companies with massive funding had the skills and computing resources required to implement data science methodologies to optimize and improve their business, but that hasn’t been the case for quite a while now. The proliferation of data has created a demand for insights, and this demand is embedded in many aspects of modern culture — from the Uber passenger who expects the driver to show up exactly at the time and location predicted by the Uber app to the online shopper who expects the Amazon platform to recommend the best product alternatives for comparing similar goods before making a purchase. Data and the need for data-informed insights are ubiquitous. Because organizations of all sizes are beginning to recognize that they’re immersed in a sink-or-swim, data-driven, competitive environment, data know-how has emerged as a core and requisite function in almost every line of business.

What does this mean for the average knowledge worker? It means that everyday employees are increasingly expected to support a progressively advancing set of technological and data requirements. Why? Because almost all industries are reliant on data technologies and the insights they spur. Consequently, many people are in continuous need of upgrading their data skills, or else they face the real possibility of being replaced by a more data-savvy employee.

The good news is that upgrading data skills doesn’t usually require people to go back to college or earn a university degree in statistics, computer science, or data science. The bad news is that, even with professional training or self-teaching, it always takes extra work to stay industry-relevant and tech-savvy. In this respect, the data revolution isn’t so different from any other change that has hit industry in the past. The fact is, in order to stay relevant, you need to take the time and effort to acquire the skills that keep you current. When you’re learning how to do data science, you can take some courses, educate yourself using online resources, read books like this one, and attend events where you can learn what you need to know to stay on top of the game.

Who can use data science? You can. Your organization can. Your employer can. Anyone who has a bit of understanding and training can begin using data insights to improve their lives, their careers, and the well-being of their businesses. Data science represents a change in the way you approach the world. When determining outcomes, people once used to make their best guess, act on that guess, and then hope for the desired result. With data insights, however, people now have access to the predictive vision that they need to truly drive change and achieve the results they want.

Here are some examples of ways you can use data insights to make the world, and your company, a better place:

• Develop key performance indicators (KPIs) for your business systems. Use KPIs to track performance and optimize the return on investment (ROI) for measurable business activities.
• Develop your marketing strategy. Use data insights and predictive analytics to identify marketing strategies that work, eliminate underperforming efforts, and test new marketing strategies.
• Keep communities safe. Predictive policing applications help law enforcement personnel predict and prevent local criminal activities.
• Help make the world a better place for those less fortunate. Data scientists in developing nations are using social data, mobile data, and data from websites to generate real-time analytics that improve the effectiveness of humanitarian responses to disasters, epidemics, food scarcity issues, and more.

Inspecting the Pieces of the Data Science Puzzle

To practice data science, in the true meaning of the term, you need the analytical know-how of math and statistics, the coding skills necessary to work with data, and an area of subject matter expertise. Without this expertise, you may as well call yourself a mathematician or a statistician. Similarly, a programmer without subject matter expertise and analytical know-how may better be considered a software engineer or developer, but not a data scientist.

The need for data-informed business and product strategy has been increasing exponentially for about a decade now, forcing all business sectors and industries to adopt a data science approach. As such, different flavors of data science have emerged. The following are just a few titles under which experts of every discipline are required to know and regularly do data science:

• Clinical biostatistician
• Data and tech policy analyst
• Data scientist–geospatial and agriculture analyst
• Data scientist–health care
• Digital banking product owner
• Director of data science–advertising technology
• Geotechnical data scientist
• Global channel ops–data excellence lead

Nowadays, it’s almost impossible to differentiate between a proper data scientist and a subject matter expert (SME) whose success depends heavily on their ability to use data science to generate insights. Looking at a person’s job title may or may not be helpful, simply because many roles are titled data scientist when they may as well be labeled data strategist or product manager, based on the actual requirements. In addition, many knowledge workers are doing daily data science and not working under the title of data scientist. It’s an overhyped, often misleading label that’s not always helpful if you’re trying to find out what a data scientist does by looking at online job boards.

To shed some light,...

Produkt-Details

• Erscheint lt. Verlag: 13.11.2024
• Sprache: englisch
• Themenwelt: Informatik ► Office Programme ► Outlook
• Schlagworte: beginner data science book • beginner data science guide • beginning data science • Data science beginners • Data Science Book • data science for beginners • Data Science Guide • data science skills • data science tips • data science tricks • quick data science
• ISBN-10: 1-394-29701-7 / 1394297017
• ISBN-13: 978-1-394-29701-6 / 9781394297016