I need a full KZread video on this. I’ve always asked how much statistics does a data analyst use on a day to day basis.

@LukeBarousse

Жыл бұрын

I've got one! It's called "How I use Math as a Data Analyst" kzread.info/dash/bejne/pnaaq8pshrS-YtI.html

Btw this is descriptive statistics. You need something like sampled data to make inferential statistics.

Luke, if possible make a full video on this especially with a collaboration with Thu Vu 😅😅

holy crap, those lines in those box plots aren't min or max, they are Q1 and Q3 plus 1.5 x IQR, which could by way far away from min or max values

@nikjojo

Жыл бұрын

literally incorrect.

@chacmool2581

10 ай бұрын

That's right. The fact that the outliers lie beyond those lines tells you that those lines are >not< the max and the min values.

This is descriptive statistics of a mostly normally distributed dataset. Since the distribution is >not< symmetrical, it is not true that 50% of salaries are below and above the mean. This would only be true if the distribution were perfectly symmetrical.

@LukeBarousse

10 ай бұрын

correct

I love this joke, never gets old lol

Hi, is that Mandatory to learn python to become a Data Analyst?

@LukeBarousse

11 ай бұрын

Not at all

@prashanthbrocky3895

11 ай бұрын

@@LukeBarousse Thank you so much for the reply

😂

stop calling these things statistics. if it's something a middle schooler understands it ain't stats...

@Craig23McDonald

Жыл бұрын

What is it then?

@Flamechr

Жыл бұрын

I would call it basic statistics 😊. There are ofc much more than that like in machine learning that is build upon statistics. But often basic math and statistic can tell alot about the data that you are looking at. In those cases machine learning is over kill.

@za9883

Жыл бұрын

It's literally statistics. That's what the word means. It's like saying the photosynthesis process isnt science because kids study it

@mikehawk4583

Жыл бұрын

@@za9883 you don't say kids know science because they know what photosynthesis is at a 6th grade level, do you?

@trongantruong9518

Жыл бұрын

"information based on a study of the number of times something happens or is present, or other numerical facts" - Cambridge Dictionary. It is understandable if "most" of the people understand it this way and call these "numerical facts" as "statistics". Unless you have some "statistics" to prove that we should not call these "statistics"