Top Five Data Science Project for your Learning in 2023

Want to learn Data Science and looking for the right projects to do? Here’s a list from Code4X. 

Businesses in all domains such as Banking, Finance, Retail, FMCG, Energy, Healthcare and so on are using Data Science to solve most of their critical business problems. Knowledge of Data Science in today’s day is absolutely essential for any software professional, not only to become Data Scientists, but also to leverage the power of Data Science alongside your own technology area. 

Projects by Domain: 

 

Domain: Manufacturing

Project Name: Predictive Maintenance of Machines using Machine Learning on Sensor Data:

⚡️In this cutting-edge project, you’ll delve into Predictive Maintenance using the power of Machine Learning 🤖📈. By analyzing sensor data, you’ll predict when machines need attention before they break down 🛠️. It’s not just about efficiency; it’s about saving resources, minimizing downtime, and transforming industries 🏭💡.

🚀 In here, you will learn Machine Learning – Classification Algorithms through an emulated case of Predicting whether or not a Plant Machine requires ‘Maintenance’ by statistically analysing past data and training your Classification Models.

You will solve this problem by learning and using three very popular Classification Algorithms named 1) Logistic Regression, 2) Random Forest, and 3) Support Vector Machine, and at the end evaluate the models for best performance. 🤖📊🌟

Learn it on Code4X: https://code4x.dev/courses/predictive-maintenance-using-machine-learning/

 

Domain: Investment and Finance

Project Name: Stock Price Prediction with Time Series Analysis using Machine Learning:

In this project, you’ll harness the ARIMA (AutoRegressive Integrated Moving Average) 📊, a very popular Time Series Analysis model, to predict stock prices 📈📉.

Through this Project, you will learn Machine Learning – Time Series Forecasting through an emulated case of Predicting future Stock Price based on past Statistical Trends of Stock Price Data.

You will solve the Stock price problem by learning and using a famous Time Series algorithm called ARIMA and also use Auto-ARIMA.

Learn it on Code4X: https://code4x.dev/courses/predictive-maintenance-of-machines-using-machine-learning-on-sensor-datacopy/ 

 

Domain: Retail and eCommerce

Project Name: Twitter (X) Sentiment Analysis using NLP and Logistic Regression + Streamlit UI

💡 Sentiment Analysis is a form of Text Classification and is used widely in a huge number of use cases across Industries. 📈

In this Project, you will perform detailed Analysis Twitter data using extensive NLP Techniques. You will create text embedding vectors using the Bag of Words (BoW) and TF-IF methods. These word embeddings will then be used in the powerful Logistic Regression ML algorithm to develop our Sentiment Analysis Model. We will learn to create the models out of both Bow as well as TF-IDF embeddings. Through this project, you will learn a number of NLP techniques including BoW and TF-IDF methods plus classification modelling using Logistic Regression. 🚀

Whats more, you will also build a Streamlit UI to test out your project. ⭐

Learn it on Code4X: https://code4x.dev/courses/twitter-x-sentiment-analysis-using-nlp-and-logistic-regression/ 

 

Domain: Banking and Finance

Project Name: Credit Card Default Prediction using Random Forest

💡 Credit Card Default Prediction may sound specific, but it’s a fantastic opportunity to boost your Machine Learning skills for your academic journey. 📈

In this exciting project, you’ll embark on a learning adventure with Random Forest, a must-know tool in the data science toolkit. Through hands-on experience, you’ll grasp crucial concepts like Feature Engineering, Data Preprocessing, and Model Optimization using techniques like Grid-Search Cross Validation, evaluating against Decision Tree results, all while scoring top grades in your coursework.

By doing this project, you’ll not only master Random Forest but also gain the confidence to tackle various data science challenges that will set you apart in your academic projects and lift career prospects. ⭐

Learn it on Code4X: https://code4x.dev/courses/credit-card-default-prediction-using-random-forest/

 

Domain: eCommerce: 

Project Name: Building a Movie Recommendation System with NLP and K-Means Clustering

🎬🍿 In this Project, you will learn to develop a Recommender System for Movies using the advanced technique of K-Means Clustering! 🤖📽️ By analyzing user preferences and movie data, you’ll predict which movies a user might enjoy, enhancing user experience 🌟.

🚀 You will solve the Movie Recommendation problem by learning and implementing the K-Means clustering algorithm, a powerful unsupervised learning technique. Your goal is to group movies into clusters based on similarity, allowing you to make personalized recommendations. You will also learn to tweak your K-Means model by model evaluation and Optimisation using techniques like Elbow Method🍿🌟.

Learn it on Code4X: https://code4x.dev/courses/building-a-movie-recommendation-system-with-k-means-clustering/ 

 

These projects, you will learn the art and science of Data Exploration, Pre-processing, Learn Algorithms, Model Optimisation techniques, experimentation and comparing results between different models. These are essential skills that a Data Scientist needs to acquire apart from also learning about the domains while doing the projects.