Tag Archives: statistics
Bernoulli Distribution Explained with Python Examples
In this post, you will learn about the concepts of Bernoulli Distribution along with real-world examples and Python code samples. As a data scientist, it is very important to understand statistical concepts around various different probability distributions to understand the data distribution in a better manner. In this post, the following topics will get covered: Introduction to Bernoulli distribution Bernoulli distribution real-world examples Bernoulli distribution python code examples Introduction to Bernoulli Distribution Bernoulli distribution is a discrete probability distribution representing the discrete probabilities of a random variable which can take only one of the two possible values such as 1 or 0, yes or no, true or false etc. The probability of …
Joint & Conditional Probability Explained with Examples
In this post, you will learn about joint and conditional probability differences and examples. When starting with Bayesian analytics, it is very important to have a good understanding around probability concepts. And, the probability concepts such as joint and conditional probability is fundamental to probability and key to Bayesian modeling in machine learning. As a data scientist, you must get a good understanding of probability related concepts. Joint & Conditional Probability Concepts In this section, you will learn about basic concepts in relation to Joint and conditional probability. Probability of an event can be quantified as a function of uncertainty of whether that event will occur or not. Let’s say an event A is …
What, When & How of Scatterplot Matrix in Python
In this post, you will learn about some of the following in relation to scatterplot matrix. Note that scatter plot matrix can also be termed as pairplot. Later in this post, you would find Python code example in relation to using scatterplot matrix / pairplot (seaborn package). What is scatterplot matrix? When to use scatterplot matrix / pairplot? How to use scatterplot matrix in Python? What is Scatterplot Matrix? Scatter plot matrix is a matrix (or grid) of scatter plots where each scatter plot in the grid is created between different combinations of variables. In other words, scatter plot matrix represents bi-variate or pairwise relationship between different combinations of variables …
Hypergeometric Distribution Explained with 10+ Examples
In this post, we will learn Hypergeometric distribution with 10+ examples. The following topics will be covered in this post: What is Hypergeometric Distribution? 10+ Examples of Hypergeometric Distribution If you are an aspiring data scientist looking forward to learning/understand the binomial distribution in a better manner, this post might be very helpful. The Binomial distribution can be considered as a very good approximation of the hypergeometric distribution as long as the sample consists of 5% or less of the population. One would need a good understanding of binomial distribution in order to understand the hypergeometric distribution in a great manner. I would recommend you take a look at some of my related posts on …
Beta Distribution Example for Cricket Score Analysis
This post represents a real-world example of Binomial and Beta probability distribution from the sports field. In this post, you will learn about how the run scored by a Cricket player could be modeled using Binomial and Beta distribution. Ever wanted to predict the probability of Virat Kohli scoring a half-century in a particular match. This post will present a perspective on the same by using beta distribution to model the probability of runs that can be scored in a match. If you are a data scientist trying to understand beta and binomial distribution with a real-world example, this post will turn out to be helpful. First and foremost, let’s identify the random variable that we would like …
I found it very helpful. However the differences are not too understandable for me