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Statistical Data

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kritikaverma9900
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Statistical Data in AI Class 10 Notes

What is data sciences?

Data science is a study of data which helps to extract information using modern tools and
techniques. Data science uses complex machine learning algorithms to extract data from
different sources or using different formats. Data sciences is a domain of AI related to data
systems and processes, in which the system collects numerous data, maintains data sets and
derives meaning/sense out of them.

Application of data science

1. Internet Search – Nowadays search engines are using data science to know what users
want to search on the internet and also search engines want to know that the searching
information is useful for users or not, some of the search engines using data science are
Google, Yahoo, Bing and DuckDuckGo etc.

2. Targeted Advertising – Nowadays people are using the internet; digital advertising can be
shown to only specific people based on their interests. This is the reason why digital ads
have been able to get a much higher CTR (Click-Through Rate) than traditional
advertisements. They can be targeted based on a user’s past behavior.

3. Website Recommendations – Website recommendations help the users to find relevant


products from billions of products available on e-commerce websites. A lot of companies
promote their products on e-commerce websites based on the interests and relevance of
the users. Internet giants like Amazon, Twitter, Google Play, Netflix, LinkedIn, IMDb, and
many more use this system to improve the user experience. The recommendations are made
based on previous search results for a user.

4. Genetics & Genomics – Data science techniques allow integration of different kinds of
data with genomic data in disease research, which provides a deeper understanding of
genetic issues in reactions to particular drugs and diseases. As soon as we acquire reliable
personal genome data, we will achieve a deeper understanding of human DNA.

5. Finance – Data science also plays a crucial role in the finance sector. Data science can help
banks to identify the fraud and risk of losses. Nowadays, the finance sector wants to identify
and analyze the risk of loss automatically, here data science can play a crucial role in
identifying the risk factor of losses in the banking sector. Data science can also examine the
past behavior of the stock market and make predictions for future outcomes.

6. Health Care – Nowadays many health industries use data science for identifying tumors,
medical related image analysis, Patient health record maintenance, pharmaceutical
development, predictive diagnosis etc. Data science also help the hospital to make more
accurate predictions which reduce the rate of treatment failure.

Define High-Code, Low-Code and No-Code AI.


• High-Code – High code development refers to traditional software development
where programmers write code manually using programming languages like Java,
Python, C# etc. High-code is also known as custom-code.

• Low-Code AI – The person has some coding knowledge to create AI applications with
minimum coding. Low-code users have some programming skills, and they can build
their own applications. Low-code AI users can also use a drag-and-drop interface to
build the components of AI.

• No-Code AI – It is a tool and platform where the users can build AI applications
without writing any code. No-Code AI uses a drag-and-drop interface to build the
components of AI and make it easy for the people who do not have a technical
background.

Differences between Code and No-Code

High-code Low-code No-code

The person with some


A team of software coders need to write all the
programming knowledge can build Anyone can build
code manually
the application

Only programmer can resolve the programming If any programming error is there, The application c
error then it can take some time developed quick

Developing costs will be high


it is expensive. Developing costs
compared to the No-Code

Limited customiz
Flexible for adding more features Flexible for adding more features Limited to prede
only

The company can own the product they create.


Example: IBM Watson Studio, Example: Google
You can create anything and customise your
DataRobot Microsoft AI Buil
product in any way

Why do we need No-Code AI?

• We tend to run into many types of errors when we are coding, and it can be very
troublesome at times.

• In No-Code AI since we do not need to code, we won’t have any code errors!
• No-Code AI helps to save cost for businesses as it is costly to implement completely
coded AI systems.

• Companies can implement AI with less stress and without the need to hire an AI staff
with No-Code AI.

• No-Code AI is easy to use – even middle school students can create AI using No-Code
tools

• Since it has visual & drag-and-drop features, anyone can see what they are building
in real-time.

Who can use No-Code AI?

• No-Code AI makes AI more accessible to the general public.

• Non-technical people such as doctors, architects, musicians may quickly construct


accurate AI models with no coding involved.

What are the benefits of No-Code Tools?

• Accessibility – No-Code empowers non-technical makers to create websites and apps


and also employ machine learning to solve business problems without programming.

• Fast – The speed at which no-code platforms enable you to build bespoke business
solutions is significantly faster than traditional development.

• Easy to use – It includes drag-and-drop features that enable one to create an


application with ease without any coding knowledge.

• Innovation – Since business users can now build solutions for their unique problems
themselves, it creates a culture of innovation.

What are the disadvantages of No-Code Tools?

• Lack of Flexibility – Drag-and-drop elements can be very convenient. On the other


hand, you are limited to those fixed elements.

• Automation Bias – Automation bias is the tendency for humans to favor suggestions
from automated decision-making systems and to ignore contradictory information
made without automation, even if it is correct.

• Security Issues – No code platforms do not essentially force you to think of security
first or even evaluate security best practices. Therefore, these applications are only
best suited for companies that don’t deal with sensitive data.

What are the popular No-Code Tools?


No-Code tool Details

Azure Machine
Cloud-based service provided by Microsoft
Learning

Google Cloud
Cloud-based service provided by Google
AutoML

Orange Data An open-source data visualization, machine learning and data mining toolkit.
Mining Developer: University of Ljubljana

Lobe AI is a machine learning platform that enables to create custom machine


Lobe AI
learning models using a visual interface

Teachable Teachable Machine is a web-based tool that makes creating machine learning
Machine models fast, easy, and accessible to everyone.

What is statistics in AI?

Statistics play an important role in analysis and dealing with data in data science. Statistics is
used for collecting, exploring, and analyzing the data. It also helps in drawing conclusions
from data.

Important concepts in statistics

Statistical sampling

• The entire set of raw data that you may have available for a test or experiment is
known as the population.

• You cannot necessarily measure the patterns and trends across the entire population.

• Take a sample, or portion of the population, perform some computations.

What is descriptive statistics?

Descriptive statistics refers to a set of methods used to summarize and describe the main
features of a dataset. Helps us to describe the data and enables us to understand the
underlying characteristics.

• Mean – the central value, commonly called the average.

• Median – the middle value if we ordered the data from low to high and divided it
exactly in half.
• Mode – the value which occurs most often.

What is the Orange data mining tool?

Orange is an open-source software of machine learning that helps to design based on a no-
code or low-code framework. With the help of Orange software, you can design the data
visualization, predictive modeling, and analysis of the data. The orange tool is easy to use
and has a drag-and-drop interface, basically used in education, research, business, etc.

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