Data Science Simplified Part 3: Hypothesis Testing

Edward Teller, the famous Hungarian-American physicist, once quoted: “A fact is a simple statement that everyone believes. It is innocent, unless found guilty. A hypothesis is a novel suggestion that no one wants to believe. It is guilty, until found effective.” Application of hypothesis testing is predominant in Data Science. It is imperative to simplify […]

Data Science Simplified Part 1: Principles and Process

In 2006, Clive Humbly, UK Mathematician, and architect of Tesco’s Clubcard coined the phrase “Data is the new oil. He said the following: ”Data is the new oil. It’s valuable, but if unrefined it cannot be used. It has to be changed into gas, plastic, chemicals, etc. to create a valuable entity that drives profitable […]