Programming Python for Business Analytics Week 3
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Which library is primarily used for numerical analysis in Python?

  • NumPy (correct)
  • Scikit-learn
  • Pandas
  • Matplotlib
  • NumPy allows for efficient computations with large multi-dimensional arrays.

    True

    What is the time taken by np.sum() to sum 10 million numbers?

    0.0009 seconds

    Scikit-learn is built on top of ___.

    <p>NumPy</p> Signup and view all the answers

    Match the following Python libraries with their primary functions:

    <p>NumPy = Numerical analysis Pandas = Data manipulation and analysis Matplotlib = Data visualization Scikit-learn = Machine learning</p> Signup and view all the answers

    What is a key feature of NumPy?

    <p>Fast computation of large multi-dimensional arrays</p> Signup and view all the answers

    What Python shortcut is used for importing the NumPy library?

    <p>np</p> Signup and view all the answers

    What method is used to calculate the total in the provided code snippet?

    <p>np.sum()</p> Signup and view all the answers

    Broadcasting in NumPy allows operations between arrays of different shapes without any issues.

    <p>False</p> Signup and view all the answers

    Name one mathematical operation that is considered an aggregation.

    <p>sum</p> Signup and view all the answers

    The result of multiplying array X by array a is ____, where X is np.array([[1,2,3],[4,5,6]]) and a is np.array([0,1,0]).

    <p>array([[0, 2, 0], [0, 5, 0]])</p> Signup and view all the answers

    Match the following aggregation functions with their description:

    <p>sum = Calculates the total of elements max = Finds the maximum value mean = Calculates the average of elements min = Finds the minimum value</p> Signup and view all the answers

    What error occurs when trying to add two arrays of differing shapes without appropriate reshaping?

    <p>ValueError</p> Signup and view all the answers

    The output of reshaping an array to (2,2) with elements [0, 10, 20, 30] will be an array containing two rows and two columns.

    <p>True</p> Signup and view all the answers

    What is the result of the operation x.reshape((4,1)) when x = np.array([0,10,20,30])?

    <p>array([[ 0], [10], [20], [30]])</p> Signup and view all the answers

    The total of outer product can be calculated using the formula: total = σ_{i=1}^{n} x_i ⋅ σ_{j=1}^{m} y_j or using _____ instead of for-loops.

    <p>vectorization</p> Signup and view all the answers

    Match the following operations with their result:

    <p>x + y = ValueError due to shape mismatch x.reshape((4, 1)) = Array with shape (4, 1) x.reshape((2, 2)) = Array with shape (2, 2) x + y.reshape((1, 3)) = Properly broadcasted operation</p> Signup and view all the answers

    What does the expression A[0, :] return?

    <p>The first row of matrix A</p> Signup and view all the answers

    A slicing operation of the form A[0:2] returns the first two elements of a matrix.

    <p>True</p> Signup and view all the answers

    What is the output of the expression x[:, 1] when x is defined as np.array([[3,2,1], [4,5,6]])?

    <p>[2, 5]</p> Signup and view all the answers

    The expression x[x > 2] extracts elements from the array x that are greater than ___ .

    <p>2</p> Signup and view all the answers

    Match the following expressions with their corresponding outputs:

    <p>A[0:2, 1:3] = (2,2) A[:2, 1:] = (2,2) x[-1, :] = (3,) x[:2, 1:2] = (2,1)</p> Signup and view all the answers

    What is the output of the expression x[::-1, [2,1,0]] for the array x defined as np.array([[6,5,4], [1,2,3]])?

    <p>[[6, 5, 4], [1, 2, 3]]</p> Signup and view all the answers

    Boolean indexing works with both NumPy arrays and regular Python lists.

    <p>False</p> Signup and view all the answers

    What shape does the expression A[:, :2] return when A is defined as np.array([[0,1,2], [3,4,5]])?

    <p>(2,2)</p> Signup and view all the answers

    What function is used to sort an array in ascending order?

    <p>np.sort(array)</p> Signup and view all the answers

    The command np.sort(-a) sorts an array in ascending order.

    <p>False</p> Signup and view all the answers

    What value of x produces the minimum of cos(x) between [0, 6]?

    <p>3.1415926999999</p> Signup and view all the answers

    The function used to generate random numbers uniformly is np.random.______

    <p>rand</p> Signup and view all the answers

    Match the following NumPy functions with their description:

    <p>np.random.seed(N) = Sets the seed for random number generation np.argmax(array) = Returns the index of the maximum value in the array np.argmin(array) = Returns the index of the minimum value in the array np.random.permutation(array) = Randomly permutes the elements of an array</p> Signup and view all the answers

    Which of the following statements about direct sorting is correct?

    <p>np.sort(array, axis=None) sorts the entire array.</p> Signup and view all the answers

    Np.random.rand(N) and np.random.randn(N) produce the same type of random numbers.

    <p>False</p> Signup and view all the answers

    To find the maximum value in an array, you would use the function np.max(______).

    <p>array</p> Signup and view all the answers

    What does A[A > 2] return when A is defined as np.array([[0,3,1], [4,2,5]])?

    <p>[3, 4, 5]</p> Signup and view all the answers

    Creating a slice of a NumPy array results in a copy of the original array.

    <p>False</p> Signup and view all the answers

    What operation does A * 2 perform on the NumPy array?

    <p>It multiplies each element of A by 2.</p> Signup and view all the answers

    In NumPy, A.copy() creates a __________ of the array A.

    <p>copy</p> Signup and view all the answers

    Match the following functions with their descriptions:

    <p>np.sum() = Calculates the sum of array elements. np.dot() = Performs matrix product. A.copy() = Creates a separate copy of the array. A[A &gt; 2] = Returns elements that are greater than 2.</p> Signup and view all the answers

    What will happen if you execute B[0, 0] = 10 after creating B via B = A.copy()?

    <p>B[0, 0] will change to 10, but A[0, 0] remains unchanged.</p> Signup and view all the answers

    Element-wise operations like A + B perform matrix multiplication in NumPy.

    <p>False</p> Signup and view all the answers

    In the given context, how are gains calculated when $X_{tj} > 0$?

    <p>Gains are calculated as the sum of $X_{tj}$ for each department j for all time periods t where $X_{tj}$ is greater than 0.</p> Signup and view all the answers

    Study Notes

    Course Information

    • Course title: Programming Python for Business Analytics
    • Course code: BMAN737
    • Week: 3, Lecture 2
    • Topic: Numerical Analysis

    Instructor Information

    • Professor: Manuel López-Ibáñez
    • Email: [email protected]
    • Office hours: Monday 4pm-5pm, Friday 9am-10am
    • Contact: Discussion board in Blackboard, Calendly link provided

    Numerical Analysis (NumPy)

    • Overview: Week 3 lecture focuses on numerical analysis using NumPy.

    New Material

    • Moving from basic to advanced analytics
    • Complete Python code available in Blackboard
    • Labs: shift towards case studies

    Course Plan

    • Week 3: Numerical Analysis (NumPy)
    • Week 4, Lecture 1: Data Exploration and Visualization (Pandas + Matplotlib)
    • Week 4, Lecture 2: Data preprocessing and preparation (Pandas + Scikit-learn)
    • Week 5: Machine learning (Scikit-learn)

    Part 1: Vectors and Matrices

    • Focus of initial portion of the lecture

    Part 2: Broadcasting

    • Lecture topic

    Part 3: Aggregations and Operations

    • Further lecture topic

    NumPy Arrays

    • NumPy arrays differ from lists (e.g., appending an element to a NumPy array, will not add to the array but return a new array).
    • NumPy arrays support fast calculations
    • NumPy arrays are multi-dimensional (vectors and matrices)
    • Includes good integration with Pandas & Matplotlib

    NumPy Arrays vs. Lists

    • NumPy arrays are different from Python lists
    • Using NumPy arrays for data structure and analysis will be much faster than using Python lists for identical operations.
    • Operations on NumPy arrays are element-wise by default.

    NumPy Array Indexing

    • NumPy array indexing differs from list indexing, and uses square bracket notation.

    NumPy Slices

    • NumPy slices are views, not copies. This means changes made to a slice will modify the original array

    NumPy Slices Explained

    • Slices are not copies of arrays, but rather views to the same underlying data. This is an important concept to understand when working with NumPy arrays.
    • Modifying a NumPy slice affects the original array.
    • Use .copy() to create a true copy.

    NumPy Arrays: Indexing

    • Different ways to index arrays
    • Examples shown for accessing specific elements or subsets.

    Broadcasting

    • Operators (+,-,*,/) usually act element-wise on arrays
    • Can calculate across matrices, or arrays of different dimensions if dimensions align.
    • ValueError error if NumPy cannot broadcast correctly.
    • Reshaping an array can help with broadcasting when shapes are not matching

    Recap

    • NumPy arrays are specialized data structures capable of numerous mathematical and statistical operations
    • NumPy provides specialized functions for sorting.
    • NumPy provides direct sorting and indirect sorting.
    • NumPy and SciPy are utilized for complex calculations and mathematical functions, respectively.

    Broadcasting Examples

    • Matrix and vector calculations
    • Using reshape to enable broadcasting
    • Common error scenarios

    Aggregations

    • Operations like sum, min, max, mean, all, any are aggregations (reductions),
    • Used along axis 0 or axis 1 of an array

    SciPy Library

    • Library for numerical analysis and scientific computations
    • Includes sub-modules such as optimize, linalg, and stats
    • Provides useful mathematical and statistical functions

    Next Week Material

    • Libraries: pandas and matplotlib

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    Description

    This quiz covers the Week 3 lecture focusing on numerical analysis using NumPy in the Programming Python for Business Analytics course. It includes topics such as vectors, matrices, and broadcasting concepts essential for moving towards advanced analytics. Prepare to apply your knowledge to real-world case studies and strengthen your understanding of Python programming.

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