Develop essential data science & ai skills with expert instruction and practical examples.
Welcome to Statistics Fundamentals. This course is for beginners who are interested in statistical analysis. And anyone who is not a beginner but wants to go over from the basics is also welcome.
As a science field, statistics is a discipline that concerns collecting data, and mathematical analysis of the collected data, describing data and making inference from the data. Using statistical methods, we can obtain insights from data, and use the insights for answering various questions and decision making. Statistical Analysis is now applied in various scientific and practical fields.
It is essential in both natural science and social science. In business practice, statistical analysis is applied as business analytics such as human resource analytics and marketing analytics. And now, it is an essential tool in medical practice and government policymaking.
Besides, baseball teams utilize it for strategy formation. It is well known a SABRmetrics. However, if we do not use appropriate methods, statistical analysis will result in meaningless or misleading findings.
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