Data science tasks can be split into two groups
- Supervised methods
Main difference unsupervised methods and supervised methods
Unsupervised: There is NO specific target variable
Supervised: There is a specific target variable
Unsupervised methods
Supervised methods
2. Causal (Explanatory) Modeling
Affinity Grouping
a.k.a. associations, market-baset analysis
Which items are commonly purchased together?
Similarity Matching
Which other companies are similar to ours?
Clustering
Do my customers form natural groups?
Sentiment Analysis
What is the sentiment of my users?
Predictive Modeling
Causal (Explanatory) Modeling