19 April 2006

๐Ÿ–️Jesรบs Rogel-Salazar - Collected Quotes

"[...] a data scientist role goes beyond the collection and reporting on data; it must involve looking at a business The role of a data scientist goes beyond the collection and reporting on data. application or process from multiple vantage points and determining what the main questions and follow-ups are, as well as recommending the most appropriate ways to employ the data at hand." (Jesรบs Rogel-Salazar, "Data Science and Analytics with Python", 2017)

"High-bias models typically produce simpler models that do not overfit and in those cases the danger is that of underfitting. Models with low-bias are typically more complex and that complexity enables us to represent the training data in a more accurate way. The danger here is that the flexibility provided by higher complexity may end up representing not only a relationship in the data but also the noise. Another way of portraying the bias-variance trade-off is in terms of complexity v simplicity." (Jesรบs Rogel-Salazar, "Data Science and Analytics with Python", 2017) 

"In terms of characteristics, a data scientist has an inquisitive mind and is prepared to explore and ask questions, examine assumptions and analyse processes, test hypotheses and try out solutions and, based on evidence, communicate informed conclusions, recommendations and caveats to stakeholders and decision makers." (Jesรบs Rogel-Salazar, "Data Science and Analytics with Python", 2017)

"Munging, or wrangling data is actually the most time-consuming task in the data science workflow. [...] Data preparation is key to the extraction of valuable insight and although some may prefer to concentrate only on the much more fun modelling part, the fact that you get to know your dataset inside out while munging it implies that any new or follow-up questions can probably be attained with less effort." (Jesรบs Rogel-Salazar, "Data Science and Analytics with Python", 2017)

"The tension between bias and variance, simplicity and complexity, or underfitting and overfitting is an area in the data science and analytics process that can be closer to a craft than a fixed rule. The main challenge is that not only is each dataset different, but also there are data points that we have not yet seen at the moment of constructing the model. Instead, we are interested in building a strategy that enables us to tell something about data from the sample used in building the model." (Jesรบs Rogel-Salazar, "Data Science and Analytics with Python", 2017)

"One important thing to bear in mind about the outputs of data science and analytics is that in the vast majority of cases they do not uncover hidden patterns or relationships as if by magic, and in the case of predictive analytics they do not tell us exactly what will happen in the future. Instead, they enable us to forecast what may come. In other words, once we have carried out some modelling there is still a lot of work to do to make sense out of the results obtained, taking into account the constraints and assumptions in the model, as well as considering what an acceptable level of reliability is in each scenario." (Jesรบs Rogel-Salazar, "Data Science and Analytics with Python", 2017)

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