Modeling Big Data Using Python
Modeling Big Data Using Python

Author(s): Vesela Dimitrova
Subject(s): Social Sciences, Economy, Business Economy / Management, Sociology, Methodology and research technology, ICT Information and Communications Technologies
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: big data analysis; machine learning; Python libraries; econometric modeling by Python; Scikit-Learn; StatsModels
Summary/Abstract: The numerous and ongoing improvements to Python libraries contribute to expanding the possibilities for processing and analyzing big data. The purpose of this paper is to explore the process of the big data analysis and provide an overview of various Python libraries that are suitable for statistical and econometric analysis: SciPy, Scikit-Learn and StatsModels. The paper also presents an example of a real-time data dependence model using Scikit-Learn and StatsModels.

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