What is the role of statistics in data analytics ? How data analytics is related to data science ?

Question

Role of statistics in data analytics

Answer 1

Thank you🙂

Answer 2

wet water ))) nice explanation there.

Answer 3

Statistics is at the heart of data analytics, offering essential tools for collecting, analyzing, interpreting, and presenting data in a meaningful way. It helps us spot patterns, trends, and relationships, which in turn allows analysts to make well-informed decisions and predictions. By using statistical techniques like regression, hypothesis testing, and probability, we can turn raw data into valuable insights. Data analytics is a key part of the larger field of data science. While analytics zeroes in on making sense of existing data, data science takes it a step further by blending analytics with programming, machine learning, and specialized knowledge to create predictive models and reveal deeper insights from complex data sets.