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Basic Data Science Terms Every Data Analyst Should Know

Pickl AI

Importance of Data Science Data Science is crucial in decision-making and business intelligence across various industries. Bayesian Statistics: A statistical inference approach that uses Bayes’ theorem to update the probability of a hypothesis as more evidence becomes available.

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[Updated] 100+ Top Data Science Interview Questions

Mlearning.ai

In the final stage, the results are communicated to the business in a visually appealing manner. This is where the skill of data visualization, reporting, and different business intelligence tools come into the picture. The K-Nearest Neighbor Algorithm is a good example of an algorithm with low bias and high variance.