DATA SCIENCE PROJECT IDEAS

GETTING STARTED PROJECTS

1. CREDIT CARD FRAUD DETECTION PROBLEM You are hired by XYZEE bank as their winter analyst, XYZEE’s current image is deteriorating due to the frauds against customers using XYZEE’s credit cards reported in the local newspaper. Before this problem becomes a global concern, the VP of the bank wants you to build a fraud detection algorithm from the given data about the transactions. Here’s a catch most transactions aren’t fraud so you’ve less 1% transactions labelled as fraud, hence you must find a way to deal with this imbalanced dataset. Use of external dataset is not allowed. You are requested to send your notebooks for evaluation.

The data can be accessed through: https://www.kaggle.com/mlgulb/creditcardfraud The evaluation metric is: Area Under Precision Recall Curve (AUPRC)

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2. HOUSE PRICE PREDICTION PROBLEM If you’ve learnt Machine Learning from Online Courses, chances are the first problem you’ve heard, that could be resolved with Machine Learning is predicting housing prices from a variety of parameters. Well just try it for yourself that how mind boggling it gets when you’ve to take 70+ parameters into . Use of external dataset is not allowed. The data can be accessed through: https://www.kaggle.com/c/house-pricesadvanced-regression-techniques

Your task is to submit predictions to the live leaderboard on Kaggle. The evaluation metric is: Root Mean Squared Logarithmic Error (RMSLE)

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DATA ANALYTICS PROJECTS

3. LET’S MAKE INDIA A HAPPY NATION PROBLEM The Prime Minister Of India is worried because of the growing dissatisfaction among the citizens of country. He is looking for a Data analyst consultant to identify the key factors for the happiness for a country and device a strategy to boost the country’s rank in the World Happiness Index. You being an IITian, is his prime choice for the role of the data analyst consultant. Your all arguments must hold a strong link to data as the PM trusts data more than mere suggestions. As a Starting point you might use this data: https://www.kaggle.com/unsdsn/world-happiness We strongly recommend you use other data sources too and cite them.

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4. WAR ON TERRORISM PROBLEM You’ve been approached by the UN Security General to counteract the more than ever rising problem of terrorism across the globe. UN wants you to identify which terrorist groups are likely to target which part of the globe so that they can build the preventive measures and deploy the squads of Counter Terrorists in Order to combat terrorism and erase it. As a Starting point you might use this data: https://www.kaggle.com/STARTUMD/gtd We strongly recommend you use other data sources too and cite them.

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5. THE IITIAN WHO SCORES PROBLEM Your friend in the college has been desperately single throughout his/her life and they finally managed to ask someone out. Their Partner says yes to the first date but being a busy IITian their partner agrees to go into a relationship with your friend only on the basis of a 5-minute date on the New Year’s Eve. Give your friend some good advice for his/her first date based on the data you collect about dating and speed dating. Note that this statement is gender neutral hence choosing the gender of your friend and their partner is up to you. As a Starting point you might use this data: https://www.kaggle.com/annavictoria/speed-dating-experiment

We strongly recommend you use other data sources too and cite them.

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INNOVATION PROJECTS

6. PREVENTING RAPES PROBLEM An Indian feels disgusted to live in a country where his/her sister, daughter, mother or any girl feels unsafe. The government labels the problem of women and children safety as a major threat to sustainability of nation. The Prime Minister wants you to devise a feasible strategy which would ensure that the amount of rapes per year start declining sharply. All your arguments should be backed up with relevant data analysis, you should also for the decline of false accusations. Your solution must be feasible and should not impose any absurd condition on any gender. For example: You can increase the security of a particular place but you can’t restrict women from entering the place quoting the high probability of rape in that area. You are free to use any data available to you, but the data used must be cited in the references section of your presentation.

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7. LET’S ERADICATE POVERTY FOR REAL PROBLEM India is a developing nation but still it is usually addressed as a poor country, India harbors one of the biggest slum of the world in its own financial capital. The government has sworn to eradicate poverty this time and has approached you to create a budget to do so. You must give proper reasoning backed up with data analysis for every penny you wish to spend in the direction of this noble step.

You are free to use any data available to you, but the data used must be cited in the references section of your presentation.

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8. THE BEST CURRENCY PROBLEM You are hired by a billionaire business tycoon of India. He wishes to buy some foreign currency as an investment and is planning to reap the return on March 31, 2020 (ie approximately 3 months later). Advise him the best currency to invest in for reaping maximum profit, the businessman is very skeptical about his money so you need to prove it to him why a certain currency is the best. Your proposal will be evaluated on real exchange rate at 31st March 2020, assume that the billionaire invests on 1st Jan 2020. You are free to use any data available to you, but the data used must be cited in the references section of your presentation.

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