In this section, we talk about problem understanding and definition, and other aspects related to the activity of defining the problem that will be solved using predictive analytics. Of course, the specifics of this stage depend entirely on the project, so we will provide only very generic guidance about this. However, when discussing the practical examples, we will touch on some of the important considerations when understanding the problem in a predictive analytics project.

Hands-On Predictive Analytics with Python
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Hands-On Predictive Analytics with Python
By:
Overview of this book
Predictive analytics is an applied field that employs a variety of quantitative methods using data to make predictions. It involves much more than just throwing data onto a computer to build a model. This book provides practical coverage to help you understand the most important concepts of predictive analytics. Using practical, step-by-step examples, we build predictive analytics solutions while using cutting-edge Python tools and packages.
The book's step-by-step approach starts by defining the problem and moves on to identifying relevant data. We will also be performing data preparation, exploring and visualizing relationships, building models, tuning, evaluating, and deploying model.
Each stage has relevant practical examples and efficient Python code. You will work with models such as KNN, Random Forests, and neural networks using the most important libraries in Python's data science stack: NumPy, Pandas, Matplotlib, Seaborn, Keras, Dash, and so on. In addition to hands-on code examples, you will find intuitive explanations of the inner workings of the main techniques and algorithms used in predictive analytics.
By the end of this book, you will be all set to build high-performance predictive analytics solutions using Python programming.
Table of Contents (11 chapters)
Preface
The Predictive Analytics Process
Problem Understanding and Data Preparation
Dataset Understanding – Exploratory Data Analysis
Predicting Numerical Values with Machine Learning
Predicting Categories with Machine Learning
Introducing Neural Nets for Predictive Analytics
Model Evaluation
Model Tuning and Improving Performance
Implementing a Model with Dash
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