The 5 Basic Statistics Concepts Data Scientists Need to Know

Statistics can be a powerful tool when performing the art of Data Science (DS). From a high-level view, statistics is the use of mathematics to perform technical analysis of data. A basic visualisation such as a bar chart might give you some high-level information, but with statistics we get to operate on the data in a much more information-driven and targeted way. The math involved helps us form concrete conclusions about our data rather than just guesstimating.