Project
Project
Description:
Predict whether a customer will stop using a product or service based on historical data. This
project is common in subscription-based industries like telecom, SaaS, and banking.
Steps:
1. Data Collection: Use datasets like the Telco Customer Churn Dataset.
2. Feature Engineering: Process categorical variables (e.g., payment method, contract
type), handle missing values, and create derived features (e.g., tenure in months).
3. Model Building: Train a classification model like Logistic Regression, Random Forest,
or XGBoost to predict churn (yes/no).
4. Evaluation: Use metrics like accuracy, precision, recall, and the ROC curve to evaluate
the model.
5. Interpretation: Use SHAP or LIME to explain important features contributing to churn.
Description:
Develop a regression model to predict house prices based on features like size, location, number
of rooms, and year built. This project is ideal for understanding regression algorithms.
Steps:
1. Data Collection: Use datasets like the Kaggle Housing Price Dataset.
2. Data Preprocessing: Handle missing data, scale numerical features, and encode
categorical data (e.g., location).
3. Model Building: Train regression models such as Linear Regression, Decision Trees,
and Gradient Boosting (XGBoost or LightGBM).
4. Feature Selection: Identify key predictors using techniques like Recursive Feature
Elimination (RFE).
5. Evaluation: Use RMSE, MAE, and R² scores to evaluate model performance.
Steps:
1. Data Collection: Use datasets like the Credit Card Fraud Detection Dataset.
2. Data Preprocessing: Normalize continuous features and handle the highly imbalanced
dataset using SMOTE or class weighting.
3. Model Building: Train models like Random Forest, XGBoost, or Isolation Forest for
fraud detection.
4. Evaluation: Use precision, recall, F1-score, and the confusion matrix to handle the
tradeoff between false positives and false negatives.
5. Anomaly Detection: Complement classification with unsupervised methods like
Isolation Forest or Autoencoders to spot unusual patterns.