What is Data Science? Why are Data Scientists so sought after at modern technology companies? In this talk, I answer those questions by reviewing the basics of data science and 3 examples of typical data science projects.
2. Who Am I?
f
ATTENDED
FOUNDED
CURRENTLY
from Yahoo!
3. Introduction to Data Science
What is Data Science?
Example 1: Basic Math
Example 2: Regression Modeling
Example 3: Recommender Systems
Getting started in data science
4. What is Data Science?
Software Engineering
+
Statistical Analysis
5. What is Data Science?
1. Question
2. Data Gathering
3. Exploration
4. Modeling
5. Answer
6. Production
6. Example 1: Basic Math
What is my customer churn rate?
def. Churn rate: The percentage of subscribers to a
service that discontinue their subscription to that service
in a given time period. (aka attrition rate)
7. Example 1: Basic Math
# customers at start
Churn(month) =
# customers lost
8. Example 1: Basic Math
Month Churn
Dec '13 3.75%
Nov '13 1.87%
Oct '13 3.82%
Sep '13 2.76%
Aug '13 2.43%
Jul '13 2.04%
Jun '13 1.60%
9. Example 1: Basic Math
For all customers acquired in a given month
Retention(Cmonth) =
Active(Cmonth)
Total(Cmonth)
24. Example 3: Recommender Systems
Product 1 Product 2 Product 3 Product N
Customer 1 3.5 4.0 2.5 3.0
Customer 2 2.0 1.5 3.5 3.0
Customer 3 1.5 3.0 2.5 4.0
Customer
N
4.5 3.5 4.0 4.5
25. Example 3: Recommender Systems
Given customer preferences c[p1,p2,pn]
and overall rating average roverall
cbias = mean(c[p1], c[p2], c[pn]) roverall