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What is Data Science?

by Iwan Price-Evans on Machine Learning • May 20, 2022

Data science is a field that combines statistics, mathematics, computer programming, and other disciplines to extract insights from large amounts of data. Data science is an emerging discipline with applications in many fields, including medicine, finance, marketing, and education.

What Are Some Applications of Data Science?

Data science is used by businesses to make better decisions based on customer behavior. For example, retailers use data science to predict what customers will buy next. They also use it to understand how people interact with each other online. This helps them improve their products and services.

Types of Data Science Projects.

There are three main categories of projects within data science: descriptive, predictive, and prescriptive.

  • Descriptive projects describe what is happening with the data at hand.
  • Predictive projects predict future outcomes based on past observations.
  • Prescriptive projects attempt to make decisions based on the results of previous predictions.