Statistics and Probability are a powerful tools to use in real life in general. Basic concepts in Statistics give a solid foundation to understand things around us better. In this article, we explored some of the basic data science concepts that everyone should know such as:
- Statistical Features
- Bayesian Statistics
- Probability Distributions
- Dimensionality Reduction
- Over and Under Sampling
Read this article to get a better understanding of each of the above concepts
This is a companion discussion topic for the original entry at http://iq.opengenus.org/basic-data-science-concepts-everyone-needs-to-know/