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Life of modern-day alchemists: What does a data scientist do?

Dataconomy

” The answer: they craft predictive models that illuminate the future ( Image credit ) Data collection and cleaning : Data scientists kick off their journey by embarking on a digital excavation, unearthing raw data from the digital landscape. Interprets data to uncover actionable insights guiding business decisions.

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Data Analysis vs. Data Visualization – More Than Just Pretty Charts

Pickl AI

It involves handling missing values, correcting errors, removing duplicates, standardizing formats, and structuring data for analysis. Exploratory Data Analysis (EDA): Using statistical summaries and initial visualisations (yes, visualisation plays a role within analysis!) EDA: Calculate overall churn rate.

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Turn the face of your business from chaos to clarity

Dataconomy

Data scientists must decide on appropriate strategies to handle missing values, such as imputation with mean or median values or removing instances with missing data. The choice of approach depends on the impact of missing data on the overall dataset and the specific analysis or model being used.

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Basic Data Science Terms Every Data Analyst Should Know

Pickl AI

Data cleaning identifies and addresses these issues to ensure data quality and integrity. Data Analysis: This step involves applying statistical and Machine Learning techniques to analyse the cleaned data and uncover patterns, trends, and relationships.