What is Data Science and How to Start a Career in It | IABAC

Data science is the practice of analyzing large amounts of data using statistics, programming, and machine learning. It helps uncover patterns, make predictions, and support decision-making in areas like business, healthcare, finance, and technology.

1. What is Data Science?
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Introduction to Data Science
Key Components of Data Science
Data Science Lifecycle
Skills Required for Data Scientists
Applications of Data Science
Future Trends in Data Science
Agenda
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3. Introduction to Data Science
Data science is an interdisciplinary field that utilizes
various techniques, algorithms, and systems to extract
meaningful insights and knowledge from structured and
unstructured data. It combines elements from statistics,
computer science, and domain expertise to analyze and
interpret complex data sets, enabling informed
decision-making and predictive analytics. At its core,
data science encompasses data collection, data
processing, and data visualization to transform raw data
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4. Gathering raw data from various sources, including
databases, web scraping, sensors, and manual input.
Ensuring data is relevant and sufficient for analysis.
Applying statistical methods and algorithms to extract
insights, identify patterns, and make predictions. This forms
the core of data-driven decision-making.
Removing or correcting errors, dealing with missing
values, and standardizing formats. This step is
crucial for ensuring data quality and accuracy.
Creating charts, graphs, and dashboards to present
data findings in an easily understandable way. Helps
Data Analysis
Data Collection Data Cleaning
Data Visualization
Key Components of Data Science
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5. Data Science Lifecycle
Data Collection Data Preparation Data Analysis Model Building
Raw Data Files
APIs
Database Exports
Gathering raw data from
various sources such as
databases, APIs, and web
scraping to ensure a
comprehensive dataset.
Cleaned Data
Transformed Data Files
Data Quality Reports
Cleaning and transforming
raw data to make it suitable
for analysis. This includes
handling missing values,
outliers, and normalization.
Descriptive Statistics
Data Visualizations
Insight Reports
Exploring the prepared data
to find patterns,
correlations, and insights
using statistical methods
and visualization tools.
Developing predictive models
using machine learning
algorithms. This step
involves training,
validating, and tuning
models to optimize
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Validation Results
Model Performance Metrics
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Proficiency in programming
languages like Python and R is
essential for implementing
algorithms and processing data.
Data wrangling skills to clean,
transform, and organize raw data
into usable formats.
Expertise in data visualization
tools like Tableau and Matplotlib
to present findings clearly and
effectively.
Strong understanding of statistics
to perform hypothesis testing,
regression analysis, and
statistical modeling.
Knowledge of machine learning
techniques for predictive modeling
and pattern recognition.
Ability to communicate complex
technical results to non-technical
stakeholders in a comprehensible
manner.
Skills Required for Data Scientists
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7. Applications of Data Science
Customer segmentation and targeted advertising campaigns.
Fraud detection and algorithmic trading using large datasets.
Predictive analytics for patient outcomes and personalized treatment
plans.
Finance
Marketing
Healthcare
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AI Integration: Increasing use of AI to automate data preprocessing,
analysis, and interpretation, enhancing efficiency and accuracy.
Automated Machine Learning (AutoML): Tools that simplify model
selection, hyperparameter tuning, and deployment, making data science
more accessible.
Edge Computing: Shift towards processing data closer to the source to
reduce latency and improve real-time analytics.
Future Trends in Data Science
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