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UNIT 3: STORYTELLING THROUGH DATA

1. Define Storytelling.

Storytelling is defined as the art of narrating stories to engage an audience.

2. List the steps of creating an effective data story.

The steps involved in telling an effective data story are given below:

➢ Understanding the audience

➢ Choosing the right data and visualizations

➢ Drawing attention to key information

➢ Developing a narrative

➢ Engaging your audience

3. What is data storytelling? Explain in detail.

OR

Explain how data storytelling can bring about change using a diagram.

Data storytelling is a structured approach for communicating insights drawn from data, and

invariably involves a combination of three key elements: data, visuals, and narrative. When the

narrative is accompanied with data, it helps to explain the audience what’s happening in the data

and why a particular insight has been generated. When visuals are applied to data, they can

enlighten the audience to insights that they wouldn’t perceive without the charts or graphs. Finally,

when narrative and visuals are merged together, they can engage or even entertain an audience.

When you combine the right visuals and narrative with the right data, you have a data story that can

influence and drive change.

4. What elements of data storytelling, when merged together can engage the audience?

Narrative and Visual

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5. List steps that can assist in finding compelling stories in the data sets

Step 1: Get the data and organise it.


Step 2: Visualize the data.

Step 3: Examine data relationships.

Step 4: Create a simple narrative embedded with conflict.

6. Why data storytelling has acquired a place of importance?

Data storytelling has acquired a place of importance because:

➢ It is an effective tool to transmit human experience. Narrative is the way we simplify and

make sense of a complex world. It supplies context, insight, interpretation—all the

things that make data meaningful, more relevant and interesting.

➢ No matter how impressive an analysis, or how high-quality the data, it is not going to

compel change unless the people involved understand what is explained through a

story.

➢ Stories that incorporate data and analytics are more convincing than those based

entirely on anecdotes or personal experience.

➢ It helps to standardize communications and spread results.

➢ It makes information memorable and easier to retain in the long run.

7. Identify elements that make a compelling data story and name them

Data

Narrative

Visuals

8. What is the importance of a narrative in a story?

Narrative is the way we simplify and make sense of a complex world. It supplies context, insight,

interpretation—all the things that make data meaningful, more relevant and interesting.

9. What is the importance of a visuals in a story?

When visuals are applied to data, they can enlighten the audience to the insights that they

wouldn’t perceive without the charts or graphs.

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Unit 2: Model Life cycle


1. List the considerations which data scientists have to keep in mind during the testing stage.

➢ The volume of test data can be large, which presents complexities.

➢ Human biases in selecting test data can adversely impact the testing phase, therefore,

data validation is important.

➢ Your testing team should test the AI and ML algorithms keeping model validation,

successful learnability, and algorithm effectiveness in mind.

➢ Regulatory compliance testing and security testing are important since the system might

deal with sensitive data, moreover, the large volume of data makes performance testing

crucial.

2. “Once the relevant projects have been selected and properly scoped, the next step of the

machine learning lifecycle is the Design or Build phase.” Briefly explain this phase.

The Design phase is essentially an iterative process comprising all the steps relevant to building

the AI or machine learning model: data acquisition, exploration, preparation, cleaning, feature

engineering, testing and running a set of models to try to predict behaviours or discover insights

in the data.

3. The first fundamental step when starting an AI initiative is scoping and selecting the relevant use

case(s) that the AI model will be built to address. Briefly explain this phase.

In this phase, it's crucial to precisely define the strategic business objectives and desired

outcomes of the project, select align all the different stakeholders' expectations, anticipate the

key resources and steps, and define the success metrics. Selecting the AI or machine learning use

cases and being able to evaluate the return on investment (ROI) is critical to the success of any

data project.

4. Define garbage in, garbage out.

It means if the data you collect is no good, you won't be able to build an effective AI algorithm,

and your whole project will collapse.

5. Name AI development tools

DataRobot, H2O, Watson Studio, Azure ML Studio, Sagemaker, Anaconda

6. Name Open AI frameworks.

Scikit-learn, XGBoost, TensorFlow


7. Name Open languages for AI model

Python is the most popular, with R and Scala also in the mix

AI_NOTES.pdf

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