Understand the foundations of probability and its relationship to statistics and data science. We’ll learn what it means to calculate a probability, independent and dependent outcomes, and conditional ...

The world is full of uncertainty: accidents, storms, unruly financial markets, noisy communications. The world is also full of data. Build foundational knowledge of data science with this introduction ...

Using only data not included in the model, we find the relationship between the Actual Completion Percentage and Completion Probability is strong, with an r-squared value of 0.98.

The data-generating process of some phenomenon will typically dictate its probability distribution. This process is referred to as the probability density function.