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Statistical Analysis for Data Science in 7 mins | Statistics for Beginners | What, When & Why

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Data is at the core of Data Science. Statistics is all about understanding data in a mathematical way for actionable insights. In this tutorial we talk about what when & why of statistics, as well as different stages through which any statistical analysis project will go through. The different stages are as follows:

- Business Objective
- Data Collection
- Data Visualization
- Data Pre Processing
- Modelling
- Interpret

In this video we will try to understand purpose and impact of our mentioned stages through a case study of TATA Salt.

Time Stamps:

00:00 Intro
00:56 What is statistics
01:30 Techniques Used In Statistical Analysis
01:54 TATA Salt Case Study Intro
02:16 Six Steps Involved In Statistical Analysis
02:29 Objective Analysis
02:51 Data Collection
04:25 Visual representation Of data
04:40 Data Pre Processing
07:07 Modelling Of Data
07:45 Interpretation

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