This article resulted from our participation in the session on the “role of expert opinion and judgment in statistical inference” at the October 2017 ASA Symposium on Statistical Inference. We present ...
Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision-making. In both traditional ...
This online data science specialization is designed to provide you with a solid foundation in probability theory in preparation for the broader study of statistics. The specialization also introduces ...
Statistical modeling lies at the heart of data science. Well-crafted statistical models allow data scientists to draw conclusions about the world from the limited information present in their data. In ...
Statistical models predict stock trends using historical data and mathematical equations. Common statistical models include regression, time series, and risk assessment tools. Effective use depends on ...