Workflow in a team of data scientists (tech talk for colleagues)
I was speaking of CRISP-DM way of organizing the process of ML models development and the modifications we implemented. I also described all the stages of model development.
define business question to the future model Example: detect and prevent frauds intrusion • Define data science problem Example: who are considered to be frauds, how to detect frauds • Define what we need to solve the problem - what data to gather and analyze
etc.) - Business metrics (profits, approval rate, default rate, etc.) - Evaluate achievement of business Purposes Some models may not get to deployment stage after evaluation.