Week 4 - BALT 4363 - Introduction to Linear Algebra for Data Science
There are particular mathematical and scientific principles that underlie the functions of machine learning in AI. I used to believe that only individuals with a quaternary education in mathematics and data science were capable of both understanding and applying these principles in the context of AI. However, after reading about concepts related to linear algebra and data science—including vectors, matrices, and linear transformations—I realized that my previous assumptions were incorrect. Instead of the complex functions I was expecting, simple-to-understand mathematics form the foundations of AI and machine learning. In fact, I recall learning about some of these functions and concepts, such as vectors and matrices, in my junior year of high school.
Despite my familiarity with some of these mathematical ideas, I had never encountered the concept of linear transformations before this reading. Linear transformations can involve processes such as normalization, as demonstrated in the reading’s use of Python. Normalization is a technique that “transforms” data so that it falls within a specific range, typically [0, 1], while preserving the original meaning. This process is especially important when data variables have different units, as it makes it easier to extract critical insights from said data.
Consequently, I
began thinking about the potential applications of normalization and Python in
my chosen field of international accounting. Differences in systems of measure
across countries represent a frequent compatibility issue when trying to
extrapolate meaningful insights from international accounting data. The
normalization process associated with linear transformations would help to
simplify such data. Metric and imperial measures, as well as amounts associated
with sales and purchases in different currencies, could be placed on the same
scale. As such, comparability and interpretability would increase, and the
number of errors would decrease, all of which facilitates the ease, efficiency,
and accuracy of deriving critical insights for informed decision-making.
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