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Gain a solid foundation in statistics with this beginner-friendly video that covers the core concepts every data analytics learner needs to know. Explore what statistics is — the science of collecting, analyzing, interpreting, and presenting data — and discover how it applies across fields such as business, economics, engineering, medicine, and the social sciences.
Dive into the two major branches of statistics:
**Descriptive Statistics**: Learn how to summarize and describe datasets using measures like mean, median, mode, and standard deviation, as well as graphs and charts, to gain a clear overview of data without making broader inferences.
**Inferential Statistics**: Understand how to use data samples to make generalizations and predictions about larger populations, including techniques such as hypothesis testing, confidence intervals, regression analysis, and analysis of variance.
Follow along with a structured breakdown covering what statistics is (0:00), what descriptive statistics is (2:24), and what inferential statistics is (12:12). Supplement your learning with additional resources including a statistics calculator, an eBook, a written tutorial, and example datasets, as well as related videos on standard deviation, variance, box plots, violin plots, raincloud plots, and t-tests.
