Remove Business Intelligence Remove EDA Remove Hypothesis Testing
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Data Analysis vs. Data Visualization – More Than Just Pretty Charts

Pickl AI

Exploratory Data Analysis (EDA): Using statistical summaries and initial visualisations (yes, visualisation plays a role within analysis!) Hypothesis Testing: Formally testing assumptions or theories about the data using statistical methods to determine if observed patterns are statistically significant or likely due to chance.

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Basic Data Science Terms Every Data Analyst Should Know

Pickl AI

Importance of Data Science Data Science is crucial in decision-making and business intelligence across various industries. Bayesian Statistics: A statistical inference approach that uses Bayes’ theorem to update the probability of a hypothesis as more evidence becomes available.