Statistics

Statistics refers to the mathematics and techniques with which we understand data. It is a rich, enormous field, more suited to a shelf (or room) in a library rather than a chapter in a book, and so our discussion will necessarily not be a deep one. Instead, I’ll try to teach you just enough to be dangerous, and pique your interest just enough that you’ll go off and learn more.

Describing a Single Set of Data

Through a combination of word-of-mouth and luck, your team has grown to dozens of members, and the VP of Fundraising asks you for some sort of description of how many friends your members have that he can include in his elevator pitches.

You are easily able to produce this data. But now you are faced with the problem of how to describe it.

One obvious description of any data set is simply the data itself:

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For a small enough data set this might even be the best description. But for a larger data set, this is unwieldy and probably opaque. (Imagine staring at a list of 1 million numbers.) For that reason we use statistics to distill and communicate relevant features of our data.

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Statistics for Data Science
1.40 GEEK