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Introduction In today’s digital era, the power of data is undeniable, and those who possess the skills to harness its potential are leading the charge in shaping the future of technology.
Please refer to Part 1– to understand what is Sales Prediction/Forecasting, the Basic concepts of Time series modeling, and EDA I’m working on Part 3 where I will be implementing Deep Learning and Part 4 where I will be implementing a supervised ML model. This is part 2, and you will learn how to do sales prediction using Time Series.
Data preparation: This step includes the following tasks: data preprocessing, data cleaning, and exploratory data analysis (EDA). Training: This step includes building the model, which may include cross-validation.
By leveraging cross-validation, we ensured the model’s assessment wasn’t reliant on a singular data split. Fantasy Football is a popular pastime for a large amount of the world, we gathered data around the past 6 seasons of player performance data to see what our community of data scientists could create.
EDA, imputation, encoding, scaling, extraction, outlier handling, and cross-validation ensure robust models. Exploratory Data Analysis (EDA): A foundation for success The initial step in feature engineering is to conduct a meticulous Exploratory Data Analysis. Steps of Feature Engineering 1.
You may need to import more libraries for EDA, preprocessing, and so on depending on the dataset you’re dealing with. But you might need to do deep EDA and some data preprocessing in this step for feature selection and to ensure your data fits well into the models. STEP 1: Install the lazypredict library.
What is cross-validation, and why is it used in Machine Learning? Cross-validation is a technique used to assess the performance and generalization ability of Machine Learning models. However, there are a few fundamental principles that remain the same throughout. Here is a brief description of the same.
Exploratory Data Analysis (EDA) EDA is a crucial preliminary step in understanding the characteristics of the dataset. EDA guides subsequent preprocessing steps and informs the selection of appropriate AI algorithms based on data insights. Feature Engineering : Creating or transforming new features to enhance model performance.
Summary of approach: In the end I managed to create two submissions, both employing an ensemble of models trained across all 10-fold cross-validation (CV) splits, achieving a private leaderboard (LB) score of 0.7318.
Challenge Overview Objective : Building upon the insights gained from Exploratory Data Analysis (EDA), participants in this data science competition will venture into hands-on, real-world artificial intelligence (AI) & machine learning (ML). It’s also a good practice to perform cross-validation to assess the robustness of your model.
Step 2: Exploratory Data Analysis (EDA): Before running Regression Analysis, it’s essential to perform EDA to visualise data distributions and identify any outliers or patterns that may influence results. This data can come from various sources such as surveys, experiments, or historical records.
Exploratory Data Analysis (EDA): Conduct EDA to identify trends, seasonal patterns, and correlations within the dataset. Split the Data: Divide your dataset into training, validation, and testing subsets to ensure robust evaluation. Making Data Stationary: Many forecasting models assume stationarity.
Data Extraction, Preprocessing & EDA & Machine Learning Model development Data collection : Automatically download the stock historical prices data in CSV format and save it to the AWS S3 bucket. Data Extraction, Preprocessing & EDA : Extract & Pre-process the data using Python and perform basic Exploratory Data Analysis.
Cross-Validation: A model evaluation technique that assesses how well a model will generalise to an independent dataset. Exploratory Data Analysis (EDA): Analysing and visualising data to discover patterns, identify anomalies, and test hypotheses.
It is also essential to evaluate the quality of the dataset by conducting exploratory data analysis (EDA), which involves analyzing the dataset’s distribution, frequency, and diversity of text. Use a representative and diverse validation dataset to ensure that the model is not overfitting to the training data.
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