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Principles of Data Science

You're reading from   Principles of Data Science A beginner's guide to essential math and coding skills for data fluency and machine learning

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Product type Paperback
Published in Jan 2024
Publisher Packt
ISBN-13 9781837636303
Length 326 pages
Edition 3rd Edition
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Author (1):
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Sinan Ozdemir Sinan Ozdemir
Author Profile Icon Sinan Ozdemir
Sinan Ozdemir
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Table of Contents (18) Chapters Close

Preface 1. Chapter 1: Data Science Terminology FREE CHAPTER 2. Chapter 2: Types of Data 3. Chapter 3: The Five Steps of Data Science 4. Chapter 4: Basic Mathematics 5. Chapter 5: Impossible or Improbable – A Gentle Introduction to Probability 6. Chapter 6: Advanced Probability 7. Chapter 7: What Are the Chances? An Introduction to Statistics 8. Chapter 8: Advanced Statistics 9. Chapter 9: Communicating Data 10. Chapter 10: How to Tell if Your Toaster is Learning – Machine Learning Essentials 11. Chapter 11: Predictions Don’t Grow on Trees, or Do They? 12. Chapter 12: Introduction to Transfer Learning and Pre-Trained Models 13. Chapter 13: Mitigating Algorithmic Bias and Tackling Model and Data Drift 14. Chapter 14: AI Governance 15. Chapter 15: Navigating Real-World Data Science Case Studies in Action 16. Index 17. Other Books You May Enjoy

Measuring bias

To successfully combat bias, we must first measure its existence and understand its impact on our ML models. Several statistical methods and techniques have been developed for this purpose, each offering a different perspective on bias and fairness. Here are a few essential methods:

  • Confusion matrix: A fundamental tool for evaluating the performance of an ML model, the confusion matrix can also reveal bias. It allows us to measure false positive and false negative rates, which can help us identify situations where the model performs differently for different groups.
  • Disparate impact analysis: This technique measures the ratio of favorable outcomes for a protected group compared to a non-protected group. If the ratio is significantly below one, it implies a disparate impact on the protected group, signaling potential bias.
  • Equality of odds: This method requires that a model’s error rates be equal across different groups. In other words, if a model...
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