PinnedBeta Distribution: An Intuitive ExplanationDaniel Kahneman, in his popular book “Thinking, Fast and Slow,” explores the idea that humans are not naturally adept at statistics and…Apr 15, 20231Apr 15, 20231
Explaining log₁₀(1) = 0 to your Grandma 👵 !Many analysts or data scientists have been using log functions while pre-processing or transforming the datasets and sometimes using log…Apr 19, 2023Apr 19, 2023
To Err is Human: What the heck is Type I and Type II error?If you have come across this page then it’s likely that you have a background in statistics and either you want to know more about this…Apr 15, 2023Apr 15, 2023