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Here’s a list of 7 problem-solving skills that will help you become a 6-figure data scientist (with resources).
#datascience #rstats #career
#datascience #rstats #career
Whether you are trying to transition into data science, building your skills, or seeking to land your first data science position...
It can be a big challenge to figure out what businesses want.
And that's why I put together this list of curated resources.
It can be a big challenge to figure out what businesses want.
And that's why I put together this list of curated resources.
7 Skills To Grow Your Data Science Career
1. Costing A Problem:
Quantify the effect of no-change in a business process to show opportunity for improvement.
Use dollar value to demonstrate opportunity.
Resource: investopedia.com/terms/c/cost-b…
1. Costing A Problem:
Quantify the effect of no-change in a business process to show opportunity for improvement.
Use dollar value to demonstrate opportunity.
Resource: investopedia.com/terms/c/cost-b…
2. Story Telling:
Persuading business stakeholders to take action by demonstrating the problem, its effects, and contributing factors.
Often accompanied by visualizations.
Resource: hbr.org/2003/06/storyt…
Persuading business stakeholders to take action by demonstrating the problem, its effects, and contributing factors.
Often accompanied by visualizations.
Resource: hbr.org/2003/06/storyt…
3. Predictive Analytics:
Use modeling and machine learning to estimate the probability or predict future values given business inputs.
Resource: investopedia.com/terms/p/predic…
Use modeling and machine learning to estimate the probability or predict future values given business inputs.
Resource: investopedia.com/terms/p/predic…
4. Explainable AI:
Demonstrating to stakeholders why a model is making a prediction.
LIME and SHAP are common techniques.
Resource: christophm.github.io/interpretable-…
Demonstrating to stakeholders why a model is making a prediction.
LIME and SHAP are common techniques.
Resource: christophm.github.io/interpretable-…
5. Correlation Analysis:
Evaluate the strength and direction of the relationship between two quantitative variables.
The result of the analysis is a correlation coefficient, which can range from -1 to 1.
Resource: business-science.github.io/correlationfun…
Evaluate the strength and direction of the relationship between two quantitative variables.
The result of the analysis is a correlation coefficient, which can range from -1 to 1.
Resource: business-science.github.io/correlationfun…
6. Sensitivity Analysis:
Demonstrate how a model output changes by varying key inputs.
Often shown in heatmaps or tornado plots.
Resource: investopedia.com/terms/s/sensit…
Demonstrate how a model output changes by varying key inputs.
Often shown in heatmaps or tornado plots.
Resource: investopedia.com/terms/s/sensit…
7. ROI Analysis:
Report an expected return on investment and track return vs expectation.
Often shown before implementation and over time after implementation.
Resource: business-science.io/business/2018/…
Report an expected return on investment and track return vs expectation.
Often shown before implementation and over time after implementation.
Resource: business-science.io/business/2018/…
Now you might be wondering, what other skills do I need to grow my career (and make $100,000+ as a data scientist)...
... I have good news. I have a free workshop coming up on May 17th.
... I have good news. I have a free workshop coming up on May 17th.
Inside I'll cover my top skills for:
- Foundational Data Science (10 skills)
- Business Problem Solving (9 skills)
- Production & Deployment (12 skills)
- And I'll even throw in some bonus skills
- Foundational Data Science (10 skills)
- Business Problem Solving (9 skills)
- Production & Deployment (12 skills)
- And I'll even throw in some bonus skills
And, you'll learn how to become a "Business Scientist"
(and earn 17% more than a run-of-the-mill data scientist)
What's your next step?
👉Register Here: us02web.zoom.us/webinar/regist…
(and earn 17% more than a run-of-the-mill data scientist)
What's your next step?
👉Register Here: us02web.zoom.us/webinar/regist…
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