Statistics & Data Analytics For Data Science And Business
Statistics & Data Analytics For Data Science And Business
Statistics & Data Analytics For Data Science And Business A Beginner's Guide To Statistics & Data Analytics For Data Science and Business Decisions (+Ebook & Templates)
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Statistics and data analytics are both important tools for data science and business. Statistics is a branch of mathematics that deals with collecting, analyzing, and interpreting data. It is used to make inferences and decisions based on data. Data analytics, on the other hand, is the process of inspecting, cleaning, transforming, and modeling data to discover useful information, insights, and support decision-making.
In data science, statistics and data analytics are used to build predictive models and gain insights from large datasets. For example, a data scientist may use statistical techniques to build a model that predicts customer churn, and then use data analytics to identify the factors that contribute to churn.
In business, statistics and data analytics are used to gain insights into customer behavior, market trends, and operational performance. For example, a company may use data analytics to identify patterns in customer purchasing behavior, and then use this information to optimize their marketing strategy.
Overall, statistics and data analytics are powerful tools that can be used together to extract valuable insights from data, whether it's in the context of data science or business.
What you'll learn
- Understand the fundamentals of statistics
- How To Visualize Different Types of Data
- How To Tell The Story Of Your Data With Descriptive Statistics
- Calculate the measures of central tendency, asymmetry, and variability
- Making Accurate Estimates Using Confidence Intervals
- Perform Hypothesis Testing
- Use Chi-square Testing To Compare Actual Vs. Expected Results
- Use Linear Regression To Develop Predictive Models
- Perform Analysis Of Variance To Compare Averages Across Groups v
- Ebook: Using Statistics for Better Business Decisions
- Automated Excel Templates to do the work for you
- Instructor Support
