Introduction to Statistics for Data Science
1. An Introduction
1.1. Why should you take this course and who uses statistics anyhow?
The word statistics means different things to different people. To the manager of a manufacturing plant, statistics are the amount of pollution being released into the atmosphere. to the Food and drug administrator, the statistics is the likely percentage of undesirable effects in the population using the new drug. To a bank, statistics is the chance that a customer will replay her/his loan on time. To a student, it would be grades on his/her subjects. All of them are using statistics to ease decision making.
Helping you understand and learn why statistics is important and how it can be used into a professional world to solve real world challenges would be the core objective of this program.