The problem is not Big Data. The problem is Small Data. We live in a world of data exhaust. Unrefined Data is aplenty. But most of the time, we have very Small Data to analyze. This is where Statistical Modelling shines. This course shows you everything you need to get started with the first principles of statistical modelling in a fun and easy to digest format. There are four functional roles in Data Science, namely, Business Analyst, Data Analyst, Machine Learning Engineer and Data Engineer. The DA track targets the Data Analyst role. Although this course is on Data Analysis, you will learn some Predictive Analytics too as sometimes its difficult to separate the two.
Most people ignore Statistics thinking in the world of Deep Learning its irrelevant. Nothing can be further from the truth. Before you can learn to analyze Big Data, you need to learn to analyze small data. Before you can apply Deep Learning, learn to apply Shallow Learning using traditional non-deep and Statistical Modelling techniques. This is exactly the focus of this course - Shallow Learning and Small Data.
Reason? Unlike the Deep learning models which are data hungry black boxes, these statistical models allow you to arrive upon an educated guesstimate with very little data and the results are explainable. For example, they are the foundation of many digital marketing techniques such as A/B testing and Hypothesis Testing. They allow you to infer and predict properties of populations using a small sample which are cheap and easy to collect. Sometimes its very expensive or outright impossible to collect huge quantities of data. Lastly, there is an entire class of Data problems that can only be solved using Computational Probability and Statistics, period.
Most importantly, this is where you learn to solve Data problems from first principles and learn how to program with Data. These techniques are as old as statistics itself and predate the modern computers. The twist is that we have made it easy for you to learn and apply these techniques by letting the computer do all the hard work! You learn to understand a problem, which Statistical tool to use to solve it, formulate a solution and then let the computer do the calculations. This discreet approach is not formula or Calculus dependent. This allows you to create tests for which formulas do not exist. The discreet computational approach is more flexible so its less prone to errors and are easy to understand and apply as compared to Analytical Statistics (the one we hated in school).
This is not your regular school textbook Statistics course filled with theoretical mathematical symbols. This is a practical, hands-on, solution based approach designed to be used on real life problems. The course is jam-packed with interactive classes, interesting articles, book references and exciting projects the likes of which you may have never seen!
About the Course There are four functional roles in Data Science, namely, Business Analyst, Data …
Apply nowAbout the Course The problem is not Big Data. The problem is Small Data.
Apply nowIntroduction The world of programming is rapidly evolving. Generative AI tools, like Github Copilot, …
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