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https://github.com/dbarty/dataanalysisexamples


https://github.com/dbarty/dataanalysisexamples

data-analysis data-science machine-learning machinelearning matplotlib numpy pandas python python3 seaborn

Last synced: 28 days ago
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README

        

# Data Analysis Examples

Best Practices




  1. Goal Definition and Problem Understanding


    • Definition of the goal: Clarify the question or problem to be solved. What is the analysis supposed to achieve? Examples: Prediction, pattern recognition, decision support.


    • Understand the business context: Understand the business requirements or scientific hypotheses behind the analysis.


    • Gather stakeholder input: Clarify requirements with the stakeholders involved (departments, management, etc.).




  2. Data Collection


    • Identify data sources: Determine which data sources are needed for the analysis (e.g., databases, APIs, files).


    • Collect data: Extract data from the identified sources. This can be done through queries, web scraping, APIs, or CSV uploads.


    • Document the data: Record where the data came from and what features (attributes) it contains.




  3. Exploratory Data Analysis (EDA)


    • Understand the data structure: Examine the data type, dimensions (rows and columns), and data distribution.


    • Calculate descriptive statistics: Compute central measures such as mean, median, standard deviation, min/max, etc.


    • Visualize the data: Create charts (e.g., bar charts, box plots, scatter plots) to identify patterns, distributions, or relationships between variables.


    • Identify correlations: Determine correlations between variables to detect possible relationships.


    • Outlier detection: Identify outliers and unusual data points that could influence the analysis.




  4. Data Preprocessing


    • Clean the data: Remove or correct erroneous, incomplete, or duplicate data.


    • Handle missing values: Decide whether to remove, impute, or otherwise treat missing values.


    • Handle outliers: Decide how to handle outliers (e.g., remove, winsorize, or transform them).

    • Feature engineering to improve model performance:



      • Transformations: Apply mathematical transformations (e.g., logarithmic, square root) to smooth distributions.


      • Encode categorical data: Use one-hot encoding or label encoding for categorical data.


      • Create new features: Generate new variables, e.g., by combining existing features (e.g., creating a ratio from two variables).


      • Interaction variables: Create features that capture interactions between variables (e.g., product of two variables).



    • Adjust data formats: Convert data types (e.g., string to date) or standardize and scale numerical variables, if necessary.




  5. Model Selection and Development


    • Select the analysis model: Choose the appropriate model depending on the analysis goal (e.g., linear regression, decision trees, clustering, time series analysis).


    • Train-test split: Divide the data into training and test datasets to avoid overfitting.


    • Train the model: Train the model with the training data.


    • Hyperparameter tuning: Fine-tune the model to find the best parameters (e.g., using grid search or random search).




  6. Model Evaluation


    • Model validation: Assess the model performance using the test dataset.


    • Calculate metrics: Determine key metrics such as accuracy, F1-score, precision, recall, RMSE (Root Mean Squared Error) depending on the model type.


    • Cross-validation: Perform cross-validation to verify the robustness of the model.


    • Check for bias and variance: Ensure that the model does not suffer from overfitting or underfitting.




  7. Interpretation of Results


    • Understand model results: Interpret the model parameters and the relationship between features and predictions.


    • Identify important features: Determine which variables contribute most to the model.


    • Visualize the results: Create charts or graphs to visually present the results (e.g., feature importance plots, confusion matrix).




  8. Conclusions and Recommendations


    • Summarize insights: Summarize the key insights from the analysis in a clear and concise manner.


    • Derive recommendations: Provide concrete actions or decisions based on the analysis results.


    • Communicate results: Present the results to stakeholders in an understandable and well-structured form, e.g., in reports or presentations.




  9. Model Deployment and Automation (optional)


    • Model deployment: If the model is intended for real-time use, deploy it in a system that regularly provides predictions (e.g., as a web service).


    • Create data pipelines: Implement automated processes for the regular collection, processing, and analysis of new data.


    • Monitor the model: Monitor the model performance to ensure it continues to function well over time and adjust it as necessary.




  10. Documentation and Maintenance


    • Create documentation: Document all steps of the analysis, including data sources, data preprocessing, model selection, and results.


    • Regular updates: Keep the analysis up to date by regularly analyzing new data and improving the model.