๐ Statistics helps you understand, analyze, and make decisions from data.
๐น 1. What is Statistics?
Statistics = Collecting, analyzing, and interpreting data
๐ Used in:
โ Data analysis
โ Machine learning
โ Business decisions
๐ฅ 2. Types of Statistics
โ Descriptive Statistics
๐ Summarize data
Examples:
โ Mean
โ Median
โ Mode
โ Inferential Statistics
๐ Make predictions from data
Examples:
โ Hypothesis testing
โ Confidence intervals
๐น 3. Measures of Central Tendency โญ
โ Mean (Average)
import numpy as np
np.mean([10,20,30])
๐ Output: 20
โ Median (Middle Value)
np.median([10,20,30])
๐ Output: 20
โ Mode (Most Frequent Value)
Example:
[1,2,2,3] โ Mode = 2
๐น 4. Measures of Dispersion โญ
โ Range
max - min
โ Variance
๐ Spread of data
np.var([10,20,30])
โ Standard Deviation (Very Important โญ)
np.std([10,20,30])
๐ Shows how much data deviates from mean.
๐น 5. Data Distribution
โ Normal Distribution (Bell Curve) ๐
โ Most values around mean
โ Symmetrical
๐น 6. Why Statistics is Important?
โ Helps understand data deeply
โ Required for ML algorithms
โ Improves decision making
๐ฏ Todayโs Goal
โ Understand mean, median, mode
โ Learn variance standard deviation
โ Understand data distribution
๐ฌ Tap โค๏ธ for more!