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How is data science different from traditional statistics?

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Data science and traditional statistics share commonalities but also have key differences in their approaches, goals, and methodologies. Here are some distinctions between data science and traditional statistics: Scope and Goals: Statistics: Traditional statistics primarily focuses on making inferences...
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Data science and traditional statistics share commonalities but also have key differences in their approaches, goals, and methodologies. Here are some distinctions between data science and traditional statistics: Scope and Goals: Statistics: Traditional statistics primarily focuses on making inferences about a population based on a sample. It emphasizes hypothesis testing, estimating parameters, and drawing conclusions about relationships within the data. Data Science: Data science has a broader scope and incorporates various techniques to extract insights, patterns, and knowledge from data. It encompasses statistical methods but extends beyond them to include machine learning, data engineering, and other disciplines. Data Handling: Statistics: Often relies on well-defined, clean datasets with a clear research question in mind. Emphasizes statistical methods for hypothesis testing and parameter estimation. Data Science: Involves working with large, messy datasets, often collected from diverse sources. Data scientists focus on cleaning, preprocessing, and wrangling data to make it suitable for analysis. Data science encompasses a wider array of tasks, including feature engineering and handling unstructured data. Exploratory vs. Confirmatory Analysis: Statistics: Typically involves confirmatory analysis, where researchers have a specific hypothesis to test. Statistical tests are designed to confirm or reject a predetermined hypothesis. Data Science: Emphasizes exploratory data analysis (EDA), where the goal is to discover patterns, relationships, and trends within the data. EDA is often used to generate hypotheses that can be further tested. Tools and Technologies: Statistics: Relies on traditional statistical methods, often implemented using statistical software like R or SAS. Data Science: Utilizes a broader set of tools, including statistical programming languages (e.g., R, Python), machine learning frameworks (e.g., TensorFlow, scikit-learn), big data technologies (e.g., Hadoop, Spark), and data visualization tools. Modeling Techniques: Statistics: Commonly uses classical statistical models such as linear regression, ANOVA, and t-tests. Data Science: Encompasses a wider range of modeling techniques, including traditional statistical models as well as machine learning algorithms like decision trees, support vector machines, neural networks, and deep learning approaches. Problem Solving Approach: Statistics: Often applied to answer specific research questions or test hypotheses formulated before data collection. Data Science: Adopts a problem-solving approach that involves formulating and refining questions based on the data itself. The iterative nature of data science allows for continuous exploration and refinement of hypotheses. Domain Expertise: Statistics: Often involves collaboration between statisticians and subject matter experts to formulate relevant hypotheses and interpret statistical results. Data Science: Encourages a multidisciplinary approach where data scientists may need to have domain expertise to understand and interpret the context of the data. In summary, while traditional statistics is a fundamental component of data science, data science represents a broader and more interdisciplinary field. Data scientists leverage a variety of techniques, tools, and technologies to extract meaningful insights from data, often working with large and complex datasets in real-world scenarios. The scope of data science extends beyond traditional statistical methods to include machine learning, data engineering, and other data-centric disciplines. read less
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Which is the best institute or college for a data scientist course with placement support in Pune?

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