Learning Statistics with Python

Learning Statistics with Python

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1. Basic Concepts

Sample vs Population

Types of Statistics

Median Value of the Even Number of Values

Descriptive Statistics Quiz

2. Mean, Median and Mode with Python

Examine the Dataset

Calculating Mean and Median Values with Python

Statistics with pandas

Calculate the Mean and Median Salary

3. Variance and Standard Deviation

Population Variance

Sample Variance

Calculate Variance with Python

Standard deviation

Standard Deviation with Python

Calculating Variance and Standard Deviation

4. Covariance vs Correlation

Select All Possible Values

Calculate Covariance and Correlation

5. Confidence Interval

This section will help us deal with the first real statistical case: finding confidence intervals. It requires knowledge of NumPy, pandas, Matplotlib, and Seaborn library to calculate math formulas and build visualization! To encourage you to pass this section, I want to point out that you will run across a small amount of theory but a significant amount of practice!

Explore the Data Set

Confidence Interval

Calculating Confidence Interval with Python

Confidence Interval Width Quiz

Calculate 95% Confidence Interval

Advanced Confidence Interval Calculation with Python

Match the Functions

6. Statistical Testing

An inseparable part of a data analyst's life is conducting hypothesis testing. After completing this section, you will understand the idea behind testing in statistics and will be able to conduct a t-test using Python.

t-test Mathematically

One-Tailed And Two-Tailed Test

t-test Assumptions

Performing a t-test in Python

Conduct a t-test

Course Content

Learning Statistics with Python

Learning Statistics with Python

1. Basic Concepts

Sample vs Population Types of Statistics Types of Data Mean Value Median Value Median Value of the Even Number of Values Mean or Median Mode Value Descriptive Statistics Quiz

2. Mean, Median and Mode with Python

Examine the Dataset Calculating Mean and Median Values with Python Statistics with pandas Calculate the Mean and Median Salary

3. Variance and Standard Deviation

Population Variance Sample Variance Calculate Variance with Python Standard deviation Standard Deviation with Python Calculating Variance and Standard Deviation

4. Covariance vs Correlation

Covariance Correlation Select All Possible Values Calculate Covariance and Correlation

5. Confidence Interval

Explore the Data Set Confidence Interval Calculating Confidence Interval with Python Confidence Interval Width Quiz Calculate 95% Confidence Interval Advanced Confidence Interval Calculation with Python Match the Functions

6. Statistical Testing

What is t-test Hypotheses t-test Mathematically One-Tailed And Two-Tailed Test t-test Assumptions Performing a t-test in Python Conduct a t-test Paired t-test

Calculating Confidence Interval with Python

What Values Can We Estimate Using a Confidence Interval?

In this course, we will estimate mean values, but you can estimate other statistics such as variances, mathematical expectations, and more.

Now, let's delve into the function for calculating confidence intervals.

The st.norm.interval() function is used to compute a confidence interval with the following parameters:

The confidence parameter represents the confidence level;
The loc parameter signifies the mean value of the distribution;
The scale is the standard error of the mean.

What Is Standard Error of the Mean?

The standard error of the mean, often called standard error, measures how likely the population mean is to deviate from a sample mean.

Try to change the confidence parameter and observe the changes.


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# Importing libraries
import scipy.stats as st
import numpy as np

# Creating random normal distribution
dist = st.norm.rvs(size=1000, loc=50, scale=2)

# Finding confidence interval
confidence = st.norm.interval(confidence=0.95, loc=np.mean(dist), scale=st.sem(dist))

print(confidence)

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Section 5. Chapter 3

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