Probability and Statistics for Business Success: A Data Science Approach
Probability and Statistics for Business Success: A Data Science Approach: Practical applications of probability and statistics in real-world scenarios by R. Parvin
English | March 31, 2024 | ISBN: N/A | ASIN: B0CXGKK1JS | 274 pages | EPUB | 1.19 Mb
English | March 31, 2024 | ISBN: N/A | ASIN: B0CXGKK1JS | 274 pages | EPUB | 1.19 Mb
In today's data-driven world, the ability to transform raw data into actionable insights is a critical success factor for businesses. "Probability and Statistics for Business Success: A Data Science Approach" empowers you to do just that. This comprehensive guide bridges the gap between theoretical concepts and the practical business applications of probability and statistics.
Master the fundamentals of data analysis, distributions, probability, hypothesis testing, regression, and more. Discover real-world scenarios demonstrating how these techniques are used to optimize decision-making, forecasting, marketing, risk management, and quality control.
Whether you're an entrepreneur, manager, analyst, or student, this book is your toolkit for:
- Understanding different data types, measures, and trends
- Calculating probabilities to assess risks and opportunities
- Applying statistical sampling and hypothesis testing for informed decision-making
- Leveraging ANOVA to analyze and compare factors influencing outcomes
- Unleashing the power of regression analysis to identify business drivers and forecast trends