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Data Science for Decision Makers

You're reading from   Data Science for Decision Makers Enhance your leadership skills with data science and AI expertise

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Product type Paperback
Published in Jul 2024
Publisher Packt
ISBN-13 9781837637294
Length 270 pages
Edition 1st Edition
Languages
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Author (1):
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Jon Howells Jon Howells
Author Profile Icon Jon Howells
Jon Howells
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Table of Contents (20) Chapters Close

Preface 1. Part 1: Understanding Data Science and Its Foundations
2. Chapter 1: Introducing Data Science FREE CHAPTER 3. Chapter 2: Characterizing and Collecting Data 4. Chapter 3: Exploratory Data Analysis 5. Chapter 4: The Significance of Significance 6. Chapter 5: Understanding Regression 7. Part 2: Machine Learning – Concepts, Applications, and Pitfalls
8. Chapter 6: Introducing Machine Learning 9. Chapter 7: Supervised Machine Learning 10. Chapter 8: Unsupervised Machine Learning 11. Chapter 9: Interpreting and Evaluating Machine Learning Models 12. Chapter 10: Common Pitfalls in Machine Learning 13. Part 3: Leading Successful Data Science Projects and Teams
14. Chapter 11: The Structure of a Data Science Project 15. Chapter 12: The Data Science Team 16. Chapter 13: Managing the Data Science Team 17. Chapter 14: Continuing Your Journey as a Data Science Leader 18. Index 19. Other Books You May Enjoy

Association rule learning

Imagine you’re at a supermarket, and you notice that people who buy diapers often also buy beer. This is not a random observation but a result of a powerful UL technique called association rule learning. It uncovers hidden patterns in large datasets, enabling businesses to make data-driven decisions.

What is association rule learning?

Association rule learning is an ML method that identifies frequent if-then associations called “rules” among a set of items. It’s like finding relationships between products often grouped together. These rules can be leveraged to predict future behavior, enabling businesses to strategize their marketing efforts effectively.

The Apriori algorithm – a practical example

One of the most popular algorithms used in association rule learning is the Apriori algorithm. Let’s break down how it works with a practical example.

Suppose you’re a decision-maker at a retail store...

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