AI Learning 4 min read
Do You Need Statistics to Learn AI?
You can start learning AI before mastering statistics, but you cannot go far without it. This guide shows which parts…
EXPLORE THE FIELD
Category: Statistics.
Discover thoughtful articles, guides and ideas about this topic.
← Explore all topics
Statistics 2 min read
Statistics – Cluster sampling
In cluster sampling, groups of elements that ideally speaking, are heterogeneous in nature within group, and are chosen randomly. Unlike stratified sampling where…
Statistics 1 min read
Statistics – Chi Squared table
The numbers in the table represent the values of the χ2χ2 statistics. Areas of the shaded region (A) are the column indexes.…
Statistics 2 min read
Statistics – Chi-squared Distribution
The chi-squared distribution (chi-square or X2X2 – distribution) with degrees of freedom, k is the distribution of a sum of the squares…
Statistics 2 min read
Statistics – Chebyshev’s Theorem
The fraction of any set of numbers lying within k standard deviations of those numbers of the mean of those…
Statistics 1 min read
Statistics – Central limit theorem
If the population from which the sample has a been drawn is a normal population then the sample means would be equal…
Statistics 1 min read
Statistics – Boxplots
The box plot is a standardized way to display the distribution of data based on following five number summary. 1. Minimum…
Statistics 1 min read
Statistics – Z table
Standard Normal Probability Table The following table shows the area under the curve to the left of a z-score: z…
Statistics 1 min read
Statistics – Weak Law of Large Numbers
The weak law of large numbers is a result in probability theory also known as Bernoulli’s theorem. Let P be…
Statistics 2 min read
Statistics – Venn Diagram
Venn diagram is a way to visually represents relationship between groups of entities or objects. Venn diagrams are comprised of…
Statistics 1 min read
Statistics – Variance
A variance is defined as the average of Squared differences from mean value. Combination is defined and given by the…
Statistics 3 min read
Statistics – Black-Scholes model
The Black Scholes model is a mathematical model to check price variation over time of financial instruments such as stocks…