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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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Toc

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

Defining UL

UL is a type of machine learning (ML) that finds patterns in data without any prior training. Distinct from its counterpart, SL, where the model is trained using labeled data, UL algorithms work with unlabeled data. The aim is to model the underlying structure or distribution in the data to learn more about it.

Think of it as a detective who walks into a crime scene with no initial clues or suspects. The detective’s job is to uncover patterns, find hidden groups, or establish relationships between different elements at the scene.

Practical examples of UL

To make this concept more tangible, let’s look at some practical examples:

  • Market research: A company wants to understand its customer base better and tailor their marketing to different consumer segments. They have a wealth of data (for example, customer data or consumer survey data) but no specific categories or labels. UL can help identify distinct groups or segments within their customers...
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