Remove Blog Remove Clustering Remove Hypothesis Testing
article thumbnail

9 important plots in data science

Data Science Dojo

Learn about 33 tools to visualize data with this blog In this blog post, we will delve into some of the most important plots and concepts that are indispensable for any data scientist. This plot is particularly useful for tasks like hypothesis testing, anomaly detection, and model evaluation.

article thumbnail

Breaking Down the Central Limit Theorem: What You Need to Know

Towards AI

I have explained normal distribution in very simple words and with examples in the below blog. This means that as the sample size increases, the distribution of the sum or average becomes more tightly clustered around the mean of the distribution, and the shape of the distribution becomes more bell-shaped.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Parameters in Statistical Analysis: Types & Estimation

Pickl AI

This blog aims to clarify what parameters are, explain their role in accurately representing populations, and discuss their importance in drawing meaningful conclusions. Parameters thus serve as the foundation for hypothesis testing, predictive modelling, and decision-making.

article thumbnail

What is Variance in Statistics, and How can it be Calculated?

Pickl AI

This blog aims to explain variance, explain its calculation, and highlight real-world applications. In simple terms, variance captures the degree of “spread-outness” in a dataset—whether the values are clustered closely around the mean or widely dispersed. What Does Variance Measure?

article thumbnail

A Guide to Choose the Best Data Science Bootcamp

Data Science Dojo

In this blog, we will explore the arena of data science bootcamps and lay down a guide for you to choose the best data science bootcamp. Machine Learning : Supervised and unsupervised learning algorithms, including regression, classification, clustering, and deep learning. What do Data Science Bootcamps Offer?

article thumbnail

Types of Statistical Models in R for Data Scientists

Pickl AI

Focusing on the various statistical models in R with examples, the following blog will help you learn in detail about these techniques and enhance your knowledge. This could be linear regression, logistic regression, clustering , time series analysis , etc. What is Statistical Modeling?

article thumbnail

Statistical Modeling: Types and Components

Pickl AI

This blog aims to explain what Statistical Modeling is, highlight its key components, and explore its applications across various sectors. Statistical Modeling uses mathematical frameworks to represent real-world data and make predictions, analyse relationships, or test hypotheses. What is Statistical Modeling?