Data science is all about the models you use to turn data into insights. From predicting outcomes to classifying data, mastering the right models can make or break your success as a data scientist. In this blog, we’ll walk you through 8 essential data science models that every data scientist should know and show how each one can be applied in real-world scenarios!
Models are the backbone of how data scientists make sense of tons of data, turning raw data into outputs that can be used. These models help to predict future trends and make smart decisions. You can think of them as tools that turn raw data into something meaningful.
Let's dive into some of the most important models in data science:
Linear regression is the most straightforward model. It is used when data scientists want to understand the relationship between two variables. For example, you can predict a person's weight if you know their height or predict exam scores based on the number of hours someone studied. Linear regression takes the data and tries to find a straight line that best fits the relationship. The line helps to make predictions, like if someone studied X hours, they're likely to score Y on the test. This model is very common in data science because it is easy and can be applied to many real-world problems. This is very useful when you have continuous outcomes such as sales or temperature.
From the name, it might look like it's just a twist on linear regression but it's different. Instead of predicting a continuous outcome, this model predicts categories like yes or no, true or false. For example in finance, this model can be used to predict if a customer will default on a loan, it's either yes or no. This model uses probability to figure that out, turning the outcome into a probability between 0 and 1. If it's closer to 1 it's most likely yes and if it's closer to 0, it's likely no. It's a simple model but very useful, especially in cases where decisions are binary.
Decision trees a like a flowchart where each branch represents a decision based on specific features. Imagine you are trying to decide whether or not to go for surf. A decision tree will ask if there's a swell. If yes, go one way; if no, go another. These branches continue until you reach a final decision. In data science, decision tree models work similarly, they make step-by-step choices based on given data to reach a final prediction.
Take a bunch of decision trees and put them together, and you've got a random forest. Instead of depending on just one tree, in this model, we use multiple decision trees to make predictions. Different subsets of data are used to train each tree, and in the end the forest "votes" on the best answer. The random forest models are super accurate and less prone to errors compared to single decision trees. It is very useful for problems where you want high accuracy because combining trees reduce the chance of overfitting.
Support Vector Machines are supervised machine learning models and a bit complex models. Suppose you have two groups of data and you want to draw a line that best separates them. SVM does just that but with a twist by finding the line (or hyperplane in higher dimensions) that has the maximum margin, or distance between the closest points of each group. This model is useful in classification problems, like classifying images or texts where a clear margin can make all the difference. They are good for problems where data isn’t always straightforward to separate.
The k-nearest neighbors (KNN) model is a supervised learning algorithm used for both classification and regression, though it’s primarily applied to classification tasks. It uses proximity to make predictions about the grouping of a single data point. When a new data point comes along, KNN looks at the ‘k’ closest data points (or “neighbors”) around it and “votes” to decide what group it should belong to. For example, if you’re classifying fruits by shape and color, and you come across a new one. KNN will check nearby fruits and classify the new fruit based on the most common label among its neighbors. It’s simple yet surprisingly effective, especially in cases where patterns naturally group close together.
K-means clustering is a supervised learning model that uses unlabeled data points and groups them into clusters. It is used when you want to split your data into different groups, or clusters, based on similarity. For example, let’s say you have data on shopping patterns, and you want to group customers by behavior. K-Means works by creating ‘k’ clusters and assigns each data point to the nearest cluster. It’s often used for discovering groups within data that aren’t immediately obvious, like finding types of customers in a sales dataset or segmenting different plant species in biology.
Lastly, we have neural networks. Inspired by the human brain, neural networks have layers of interconnected “neurons” that help process complex information. Each layer learns something different about the data, and they work together to make predictions or classifications. Neural networks are widely used from facial recognition to language translation. They’re particularly useful for complex patterns and are a go-to for image and voice recognition tasks. Neural networks are also the basis for deep learning, which is all about using even more layers to tackle massive datasets, like those used in medical imaging or self-driving cars.
Getting better at data science takes practice, and there are tons of ways to sharpen your skills! If you’re curious, check out this guide on Data Science Bootcamps and Certifications. Learning SQL may feel like a challenge at first, but it’s super rewarding once you get the hang of it. To get started, try DataLemur’s free SQL Tutorial, where you can learn the basics.
And if you’re looking for a comprehensive breakdown of everything you need to know about Data Science and the Interview, check out this Amazon #1 best seller: Ace the Data Science Interview!