General Statistics Terms in Analytics

Mean - Average of all the values

Mode - Most occurred value

Median - When arranged from ascending to descending or vice versa then mid value

Standard Deviation- Square root of the average of squared deviations of the variable from their mean

Variance- Average of squared differences from mean value

Bias- It refers to the tendency of a measurement process to over or under estimate the value of a population parameter

Kurtosis-The extent to which the distribution is more or less outlier prone than the normal distribution.

Difference between Artificial Intelligence (AI), Machine Learning(ML), Deep Learning(DL) and Data Science (DS)

Artificial Intelligence is the application that enables computers to think

Machine Learning is set of statistical tools that learn from data

Deep Learning is defined a Multi Layer Neuron Network

Data Science is making sense of data, visualizing data

Probability, Statistics, Linear Algebra, Numerical Optimization and Programming, all these elements come together and make the above four