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Modeling Compensation of Data Science Professionals in BRIC Nations

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Emerging Technologies in Data Mining and Information Security

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 755))

Abstract

This paper proposes a model for predicting the compensation of data science professionals in BRIC nations based on the worldwide Data Science Survey conducted by Kaggle in 2017. In this paper, we have used the Rosling’s approach to adjust the compensation amount in BRIC currencies with respect to Purchasing Power Parity (PPP) units. Exploratory data analysis is used to identify the factors that influence the compensation amount, and an XGBoost algorithm is employed to predict the compensation. We evaluate the performance of the model by generating the Root Mean Squared Log Error (RMSLE) score. The results indicate a robust prediction using the XGBoost algorithm.

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Correspondence to Vivek Menon .

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Smibi, M.J., Menon, V. (2019). Modeling Compensation of Data Science Professionals in BRIC Nations. In: Abraham, A., Dutta, P., Mandal, J., Bhattacharya, A., Dutta, S. (eds) Emerging Technologies in Data Mining and Information Security. Advances in Intelligent Systems and Computing, vol 755. Springer, Singapore. https://doi.org/10.1007/978-981-13-1951-8_57

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