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(241H0060131) Assignment 2

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58 views

(241H0060131) Assignment 2

Uploaded by

mounishajain10
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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CFM ASSIGNMENT

topic : data science hype…

roll no :- 241H0060131
id no :- WBBBA24148
COURSE :- BBA 1st year (batch - b)
SUBMITTED BY :- MOUNISHA JAIN
SUBMITTED TO :-POOJA GUPTA MAM
Data science

It is all about gathering ,analyzing and


making decision .
In other words , it is an inter-disciplinary
field that uses scientific methods
processes ,algorithms and systems to
extract knowledge .
DATA SCIENCE HYPE
– AND GETTING PAST THE HYPE

Data science hype is when people get overly excited about


data science and think it can solve any problem. It often
makes the benefits seem bigger than they really are, leading
to unrealistic expectations.

.Some important terms :-


 Data Science:
 A discipline that uses code and data to build models
that are put into production to generate predictions
and explanations.
 Machine Learning:
 A class of algorithms or techniques for automatically
capturing complex data patterns in the form of a
model.
 Deep Learning:
 A class of machine learning algorithms that uses neural
networks with more than one hidden layer.
 AI:
 A category of systems that operate in a way that is
comparable to humans in the degree of autonomy and
scope.
Gartner hype cycle.

The hype cycle claims to provide a graphical


and conceptual presentation of the maturity
of emerging technologies through five
phases.
Key Aspect of Data Science Hype

The field of data science has indeed experienced a lot of hype


over the past few years. This excitement is driven by the potential
of data science to transform industries by leveraging vast
amounts of data to gain insights and make informed decisions.
However, it’s important to look beyond the hype to understand
the true value and challenges of data science.

The Hype Around Data Science

1.Media Attention: Data science has been


portrayed as a revolutionary field that can
solve almost any problem, leading to inflated
expectations.
2.Big Data: The term “Big Data” has become a
buzzword, often used without a clear
understanding of what it entails.
3.Job Market: The demand for data scientists
has skyrocketed, making it one of the most
sought-after professions.
Getting Past the Hype

1. Understanding the Basics: It’s crucial to have a solid


understanding of what data science actually involves. This
includes knowledge of statistics, mathematics, programming,
and domain expertise.
2. Realistic Expectations: Recognize that data science is not a
magic solution. It requires significant effort in data cleaning,
preparation, and analysis.
3. Focus on Value: Instead of getting caught up in the hype,
focus on how data science can add real value to your
organization. This involves identifying specific problems that
data science can help solve.
4. Continuous Learning: The field is constantly evolving, so
staying updated with the latest tools, techniques, and best
practices is essential.

TOOLS OF DATA SCIENCE HYPE


Top Data Science Tools

1. Python Libraries:
o Pandas: Essential for data manipulation and analysis
o Scikit-learn: Widely used for machine learning tasks
o Seaborn: Great for data visualization.
o
2. Machine Learning Platforms:
o TensorFlow: Popular for building and deploying machine learning
models.
o PyTorch: Known for its flexibility and ease of use in research and
production
o
3. Data Processing and Analysis:
o Apache Spark: Used for big data processing
o Databricks: Provides a unified analytics platform
o
4. Data Visualization:
o Tableau: Renowned for its powerful data visualization capabilities
o Power BI: Integrates well with Microsoft products and offers robust
visualization tools
o
5. Cloud-Based Tools:
o Google BigQuery: Excellent for large-scale data analysis
o Azure Synapse: Integrates analytics and data warehousing

Getting Past the Hype


While these tools are powerful, it’s important to remember that the
success of data science projects depends on more than just the tools.
Here are some tips to get past the hype:

1. Understand the Problem: Clearly define the problem you are


trying to solve before selecting tools.
2. Data Quality: Ensure your data is clean and well-prepared.
3. Skill Development: Continuously improve your skills and stay
updated with the latest advancements.
4. Realistic Expectations: Recognize that tools are just one part of
the solution; human expertise and domain knowledge are crucial.
Data analysis – current landscape of perspective
The current landscape perspective of data science is characterized by
several key trends and developments:

AI and Machine Learning: Data science is increasingly interlinked with


artificial intelligence (AI) and machine learning, enabling more
advanced predictive analytics and automation of data-driven processes.

Big Data: The proliferation of big data continues to shape the data
science landscape, with organizations leveraging large volumes of data
from diverse sources to gain insights and make informed decisions.

Ethics and Privacy: There is a growing emphasis on ethical considerations


and privacy concerns in data science, with a focus on responsible data
usage, transparency, and compliance with regulations such as GDPR.

Interdisciplinary Collaboration: Data science is increasingly viewed as a


multidisciplinary field, requiring collaboration between data scientists,
domain experts, and stakeholders to ensure the meaningful
interpretation and application of data-driven insights.

Data Visualization and Interpretability: The importance of effective data


visualization and interpretability techniques is on the rise, as
stakeholders seek to comprehend and communicate complex data
findings in a more accessible manner.

Automation and Scalability: There is a shift towards automating repetitive


data tasks and scaling data science processes through the use of cloud-
based platforms and tools, enabling greater efficiency and agility.

Continuous Learning and Upskilling: Given the rapid evolution of data science
technologies and methodologies, professionals in the field are
increasingly focused on continuous learning and upskilling to stay
abreast of the latest developments
Skills needed in data science :-

Data science is a rich field requiring a blend of technical


and soft skills. Here are some key ones:
Programming:Proficiency in languages like Python and
R is essential for data manipulation, analysis, and
visualization.
Statistics and Mathematics: A strong foundation in
statistics, probability, and linear algebra helps in
designing and interpreting models.
Data Wrangling: Ability to clean, transform, and
prepare data for analysis. This includes dealing with
messy and unstructured data.
Machine Learning: Knowledge of algorithms and
techniques to build predictive models and perform
classifications or regressions.
Data Visualization: Skills in tools like Tableau, Power BI,
or libraries like Matplotlib and Seaborn to present data
insights clearly.
Big Data Tools: Familiarity with tools like Hadoop,
Spark, and databases like SQL and NoSQL for handling
large datasets.

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