Interpreting Data Using Descriptive Statistics with Python
This course covers measures of central tendency and dispersion needed to identify key insights in data. It also covers: correlation, covariance, skewness, kurtosis, and implementations in Python libraries such as Pandas, SciPy, and StatsModels.
What you'll learn
The tools of machine learning - algorithms, solution techniques, and even neural network architectures, are becoming commoditized. Everyone is using the same tools these days, so your edge needs to come from how well you adapt those tools to your data.
In this course, Interpreting Data using Descriptive Statistics with Python, you will gain the ability to identify the important statistical properties of your dataset and understand their implications.
First, you will explore how important measures of central tendency, the arithmetic mean, the mode, and the median, each summarize our data in different ways. Next, you will discover how measures of dispersion such as standard deviation provide clues about variation in a single variable.
Later, you will learn how your data is distributed using skewness and kurtosis and understand bivariate measures of dispersion and co-movement like correlation and covariance.
Finally, you will round out your knowledge by implementing these measures using different libraries available in Python, like Pandas, SciPy, and StatsModels.
When you are finished with this course, you will have the skills and knowledge to summarize key statistical properties of your dataset using Python.
Table of contents
- Version Check 0m
- Module Summary 1m
- Prerequisites and Course Outline 1m
- Introducing Descriptive Statistics 4m
- Measures of Central Tendency 8m
- Measures of Dispersion 5m
- Understanding Variance 3m
- The Gaussian Distribution 4m
- Sampling Distribution to Estimate Population Mean 5m
- Confidence Intervals 6m
- Skewness and Kurtosis 5m
- Covariance and Correlation 4m
- Module Summary 1m
- Module Overview 2m
- Demo: Getting Started with Pandas 4m
- Demo: Mean and Median 7m
- Demo: Influence of Outliers on Mean and Median 4m
- Demo: Quantiles and the Interquartile Range 5m
- Demo: Variance and Standard Deviation 3m
- Demo: Interpreting and Visualizing Summary Statistics 6m
- Demo: Skewness and Kurtosis 5m
- Demo: Covariance and Correlation 6m
- Demo: Calculating and Visualizing Confidence Intervals 6m
- Module Summary 2m
- Module Overview 2m
- Demo: Mean and Median 5m
- Demo: Influence of Outliers and Mode 3m
- Demo: Interquartile Range Variance and Standard Deviation 7m
- Demo: Z-scores Using SciPy 7m
- Demo: Skewness and Kurtosis for Stock Returns 6m
- Demo: Descriptive Statistics and Regression Analysis on Bivariate and Multivariate Data 7m
- Demo: Calculating and Interpreting Confidence Intervals 3m
- Summary and Further Study 2m