ADVANCED DATA SCIENCE FOR PERSONAL FINANCE MICROECONOMICS: Beyond the Fundamentals: Deep Analytics, Intelligent Systems, and the Architecture of Enduring Personal Wealth: 2 - Softcover

Book 2 of 4: DATA SCIENCE FOR PERSONAL FINANCE MICROECONOMICS

Maina, Caroline

 
9798182357890: ADVANCED DATA SCIENCE FOR PERSONAL FINANCE MICROECONOMICS: Beyond the Fundamentals: Deep Analytics, Intelligent Systems, and the Architecture of Enduring Personal Wealth: 2

Synopsis

Descriptive statistics summarizes data. Inferential statistics reasons from data about the population or process that generated it, drawing conclusions that go beyond the specific observations in hand. For personal financial data science, inferential statistics is the tool that allows you to distinguish genuine patterns from statistical noise, to quantify the uncertainty in your estimates, and to make principled decisions about when observed differences are large enough to act upon.

"synopsis" may belong to another edition of this title.