Statistical Analysis for Data Science in 7 mins | Statistics for Beginners | What, When & Why

Data is at the core of Data Science. Statistics is all about understanding data in a mathematical way for actionable insights. In this tutorial we talk about what when & why of statistics, as well as different stages through which any statistical analysis project will go through.

The different stages are as follows:

– Business Objective

– Data Collection

– Data Visualization

– Data Pre Processing

– Modelling

– Interpret

In this video we will try to understand purpose and impact of our mentioned stages through a case study of TATA Salt.

Time Stamps:

00:00 Intro

00:56 What is statistics

01:30 Techniques Used In Statistical Analysis

01:54 TATA Salt Case Study Intro

02:16 Six Steps Involved In Statistical Analysis

02:29 Objective Analysis

02:51 Data Collection

04:25 Visual representation Of data

04:40 Data Pre Processing

07:07 Modelling Of Data

07:45 Interpretation

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Published by im expert

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