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Basic Data Science Terms Every Data Analyst Should Know

Pickl AI

Inferential Statistics: A branch of statistics that makes inferences about a population based on a sample, allowing for hypothesis testing and confidence intervals. Joint Probability: The probability of two events co-occurring, often used in Bayesian statistics and probability theory.

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[Updated] 100+ Top Data Science Interview Questions

Mlearning.ai

The K-Nearest Neighbor Algorithm is a good example of an algorithm with low bias and high variance. This trade-off can easily be reversed by increasing the k value which in turn results in increasing the number of neighbours. What is the p-value and what does it indicate in the Null Hypothesis?