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# Statistics

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### 9 Key Skills Every Business Analytics Professional Should Have

Introduction What’s the most important skill you need to succeed in the analytics domain? I’ve seen this question floating around everywhere – our discussion …

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### Understand Conditional Probability Solving the Monty Hall Problem!

Overview Get to know what the Monty Hall Problem is. Understand conditional probability with the use of Monty Hall Problem.   Introduction I was …

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### Bias and Variance in Machine Learning – A Fantastic Guide for Beginners!

Overview Learn to interpret Bias and Variance in a given model. What is the difference between Bias and Variance? How to achieve Bias and …

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### Hypothesis Testing: A Way to Accept or Reject Your Hypothesis Using p-value

Introduction One of the most basic concepts in statistics is hypothesis testing. Not just in Data Science, Hypothesis testing is important in every field. …

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### Statistics for Data Science: What is Skewness and Why is it Important?

Overview Skewness is a key statistics concept you must know in the data science and analytics fields Learn what is skewness, and why it’s …

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### Statistics for Analytics and Data Science: Hypothesis Testing and Z-Test vs. T-Test

Overview Hypothesis testing is a key concept in statistics, analytics, and data science Learn how hypothesis testing works, the difference between Z-test and t-test, …

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### Introduction to ANOVA for Statistics and Data Science (with COVID-19 Case Study using Python)

Introduction “A fact is a simple statement that everyone believes. It’s innocent, unless found guilty. A Hypothesis is a novel suggestion that no one …

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### Statistics for Data Science: What is Normal Distribution?

Introduction to the Normal Distribution Have you heard of the bell curve? It tends to be among the most discussed water-cooler topics among people …

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### 10+ Simple Yet Powerful Excel Tricks for Data Analysis

Overview Microsoft Excel is one of the most widely used tools for data analysis Learn the essential Excel functions used to analyze data for …

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### What is Multicollinearity? Here’s Everything You Need to Know

Introduction Multicollinearity might be a handful to pronounce but it’s a topic you should be aware of in the machine learning field. I am …