AroniSmartIntelligence™ on Probability Distributions: Relationships, Selection and Statistics Tests
One of the major foundations in sound advanced analytics that involve Statistics, Data Science, and Machine Learning is mastering the area of probability distributions. To achieve their modelling and analytics goals, savvy statisticians, data scientists, and advanced modeling analysts need to have a good grasp of three keys areas in statistics: 1) understanding the probability distributions, including their relationships, 2) being able to select the best probability distributions and 3) Understanding and selecting the right statistics test.