Book Image

Julia for Data Science

By : Anshul Joshi
2 (1)
Book Image

Julia for Data Science

2 (1)
By: Anshul Joshi

Overview of this book

Julia is a fast and high performing language that's perfectly suited to data science with a mature package ecosystem and is now feature complete. It is a good tool for a data science practitioner. There was a famous post at Harvard Business Review that Data Scientist is the sexiest job of the 21st century. (https://hbr.org/2012/10/data-scientist-the-sexiest-job-of-the-21st-century). This book will help you get familiarised with Julia's rich ecosystem, which is continuously evolving, allowing you to stay on top of your game. This book contains the essentials of data science and gives a high-level overview of advanced statistics and techniques. You will dive in and will work on generating insights by performing inferential statistics, and will reveal hidden patterns and trends using data mining. This has the practical coverage of statistics and machine learning. You will develop knowledge to build statistical models and machine learning systems in Julia with attractive visualizations. You will then delve into the world of Deep learning in Julia and will understand the framework, Mocha.jl with which you can create artificial neural networks and implement deep learning. This book addresses the challenges of real-world data science problems, including data cleaning, data preparation, inferential statistics, statistical modeling, building high-performance machine learning systems and creating effective visualizations using Julia.
Table of Contents (17 chapters)
Julia for Data Science
Credits
About the Author
About the Reviewer
www.PacktPub.com
Preface

Chapter 4. Deep Dive into Inferential Statistics

Our world is a big data generating machine. These day-to-day activities consist of random and complex events that can be used to better understandUnivariate distributions: Normal, gamma, binomial the world. To achieve this, we will try to gain a deeper understanding of the processes.

Inferential statistics is to reach to a conclusion on the basis of evidence and reasoning gained from the sample data that is generalized for the population. Inferential statistics considers that there will be some sampling errors, which means the sample that we have drawn from the population may not be perfectly representing the population.

Inferential statistics include:

  • Estimation

  • Hypothesis testing

What is the difference between a sample and population? A population is a collection of all the events or observations about which we want want to gain knowledge. But its size can be so huge that it is not always convenient or feasible to analyze every event of this...