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Statistics in Data Science - Interview Questions
What is Statistics in Data Science?
Statistics in data science refers to the branch of mathematics that deals with the collection, analysis, interpretation, and presentation of data. In the context of data science, statistics plays a crucial role in extracting meaningful insights and making informed decisions from large and complex datasets.

Here's how statistics is applied in data science :

Data Collection : Statistics provides methods for collecting data through various sampling techniques, surveys, experiments, or observational studies. It helps in ensuring that the collected data is representative of the population of interest.

Data Exploration and Descriptive Statistics : Statistics allows data scientists to explore and summarize the characteristics of a dataset using descriptive statistics such as mean, median, mode, variance, standard deviation, and percentiles. These measures help in understanding the distribution, central tendency, and variability of the data.

Inferential Statistics : In data science, inferential statistics is used to make predictions or draw conclusions about a population based on a sample of data. Techniques such as hypothesis testing, confidence intervals, and regression analysis are commonly employed to infer relationships and patterns in the data.
Probability Theory : Probability theory is fundamental to statistical analysis in data science. It provides a framework for quantifying uncertainty and making probabilistic predictions about future events. Probability distributions, such as the normal distribution, binomial distribution, and Poisson distribution, are often used to model random phenomena in data science applications.

Statistical Modeling : Data scientists use statistical models to represent relationships between variables in a dataset and make predictions or infer causal relationships. Common statistical models include linear regression, logistic regression, time series models, and Bayesian networks.

Experimental Design : Statistics helps in designing experiments and studies to test hypotheses and evaluate the effectiveness of interventions or treatments. It guides the selection of appropriate sample sizes, experimental designs, and statistical tests to ensure the validity and reliability of the results.

Data Visualization : Statistics is closely integrated with data visualization techniques to communicate insights and findings effectively. Graphical representations such as histograms, scatter plots, box plots, and heatmaps are used to visualize patterns, trends, and relationships in the data.
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