4 Creating and Analyzing Models

DOI: 10.4324/9781003165279-4

Phase 3

Game Plan: Data Analysis, Model Selection, and Outcome Analysis

Manju: Let me now discuss the phase 3 of data science approach.

Data Analysis and Model Selection

Data analytics should provide insights to address our core problem as well as provide a direction to help in future activities (Rao, 1989). So, data analytics should have a clear purpose.

Jim: I think a clear definition of the problem and the goal statement will provide ...

Get Common Data Sense for Professionals now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.