Probability and Statistics Made Easy: Essential for Data Scientists

In this video, we will go over the differences between probability and statistics.

📈First, we will cover two areas of statistics, descriptive and inferential statistics, then talk about the difference between probability and statistics. Finally, we’ll touch on the relationship between the two.

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Contents of this video:
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00:00 Introduction
00:53 Descriptive Statistics
01:23 Inferential Statistics
02:10 Data Scientist Job Market Trend Example
03:28 Probability
05:01 Difference Between Probability Theory and Inferential Statistics
07:30 The Relationship Between Probability and Statistics
08:05 Two Schools of Inferential Statistics
09;14 S