Different Types of Probability Distribution (Characteristics & Examples)

different types of probability distribution

What is distribution? A distribution represent the possible values a random variable can take and how often they occur. Mean – it represent the average value which is denoted by µ (Meu) and measured in seconds. Variance – it represent how spread out the data is, denoted by σ2 (Sigma Square). It is pertinent to … Read more

Probability for Data Science

Probability for data science

Probability is simply defined as a chance of something happening or the likelihood of an event is to happen. Probability played a vital role in decision making that’s why companies’ executives based on it before going to take any decision prior to investment. Probability for Data Science An event can be likely or unlikely and … Read more

Step-by-Step Introduction to Data Science | A Beginner’s Guide

introduction to data science (a beginner's guide)

Welcome to the tutorial of data science. This is beginner’s guide on introduction to data science. There are different sections in this guide. Each section will help you to clear the basic concepts of data science. Let’s start! Introduction to Data Science In present era, the term Data Science is frequently being used but every … Read more

5 Basic Components of Data Science

components of data science

Data science consists of many algorithms, theories, components etc. Before detail study of data science, we need to understand them. Five basic components of data science are discussed here. 1. Data Data is a collection of factual information based on numbers, words, observations, measurements which can be utilized for calculation, discussion and reasoning. The crude … Read more

A Brief History of Data Science

a brief history of data science

Before proceeding to the introduction, a brief history of data science is described here that will enable you to understand how data science evolved and from where it started. Historical background of Data Science Data originates from the Latin word, “datum,” which means a “something given” The expression “data” has been utilized since 1500s, however, … Read more