Tuesday, 30 June 2020

Life Cycle of Data Science Project


In order to successfully execute the data science project one need to follow concrete plan in order to achieve the goal

1) Business understanding
Ask relevant questions and define objectives for the problem that needs to be solved

2) Data Mining
Gather and scrape the data necessary for the project

3) Data Cleaning
Fix the inconsistencies in the data and handle the missing values

4) Data Exploration
Preparing hypothesis about the defined problem by analyzing the data

5) Feature Engineering
Select the features that are important and remove unwanted features 

6) Predictive Modelling 
Train the data using machine learning models and evaluate the performance and use them to make the predictions

7) Data Visualization
Communicate the finding with key stakeholders using plots and interactive visualizations

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