Definition
Python is a programming language that allows you to conduct statistical analysis or build websites.
Description
History
Python was conceived in the late 1980s by Guido van Rossum at Centrum Wiskunde & Informatica (CWI) in the Netherlands.
Uses of Python
The 2 main uses of Python are – 1) Data Science (including Machine Learning) and 2) Web Development
Data Science
Python is effective at conducting statistical analysis on large amounts of data. It can be used to run machine learning models.
Web Development
Python can also be used to connect different web applications or build sophisticated websites. Examples include:
- YouTube
- Spotify
Non-uses of Python
Python is not meant for building desktop software or mobile apps.
Characteristics of Python
Python is designed to be simple, readable, and generally takes less time to code.
Libraries
A code library is a collection of code that can be reused. Python has extensive code libraries covering many disciplines (web scrapping, machine learning, statistics etc). Most of these libraries are free for anyone to use.
Examples of Python Usage
- Trading and Investment Analysis
- Marketing Research
- Physics
- Engineering
- Building Artificial Intelligence
- Web Application Backend
Links to Complicated Explanations
Related Terms
- Algorithmic Trading
- Data Science (Coming soon)
- Web Scrapping (Coming soon)