From the course: Statistics Foundations 4: Advanced Topics

The power of advanced statistics

From the course: Statistics Foundations 4: Advanced Topics

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The power of advanced statistics

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- Statistics are everywhere and the world is taking notice. It doesn't matter what industry you're in. It doesn't matter what your passions and hobbies include. Nearly everyone is using statistics to discover, improve, and predict. Welcome to Statistics Foundations: Advanced Topics. If you've come this far, you're obviously a person that appreciates, respects, and perhaps loves statistics but you also know there is much more to statistics. Maybe when you are looking at detailed data sets, you wonder which specific factors are influencing the results. Perhaps you wonder how to compare two different medicines, three different colleges, or four different companies. Perhaps you've always wondered what is regression? Hi, my name is Eddie Davila and I'm a university instructor with degrees in business and engineering. And I love to develop engaging and informative online educational content. On top of that, I'm a huge sports, music, and movie fan and I'm passionate about health and science. And I can tell you that in every important facet of my life, having a better understanding of statistics allows me to improve my performance and often to find greater levels of satisfaction, whether I'm working or playing. In this course, we'll look at the special case of small sample sizes. We'll compare two populations. I'll introduce you to the world of regression analysis. And I'll add to our statistics alphabet soup by talking about T statistics, F statistics, and R squared. I'll share things that may sound intimidating but really aren't that scary. Things like degrees of freedom and ANOVA. Along the way, you'll discover more of the wonderfully intricate layers of statistics and hopefully also improve your powers of analysis. So, if you're ready to begin, let's jump in.

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