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Welcome to Week 1 Lecture 1 of the course "Statistics for Data Science - I" by Prof. Andrew Thangaraj. Full Course: https://study.iitm.ac.in/ds/course_pages/BSMA1002.html Video Overview This lecture provides an introduction to the world of statistics, exploring its purpose and scope beyond mere calculations. Statistics is presented as the art and science of drawing meaningful conclusions from data. You will learn how to organize and interpret data, understand the difference between a population and a sample, and see how samples can be used to infer characteristics of larger populations. The session also highlights how statistical reasoning enables estimation, prediction, and informed decision-making. By the end of this lecture, you’ll gain a strong conceptual foundation to appreciate the power and potential of statistics in data-driven analysis. About IIT Madras' online Bachelor of Science programme IIT Madras offers four-year BS programmes that aim to provide quality education to all, irrespective of age, educational background, or location. The BS programme has multiple levels, which provide flexibility to students to exit at any of these levels. Depending on the courses completed and credits earned, the learner can receive a Foundation Certificate from IITM CODE (Centre for Outreach and Digital Education), Diploma(s) from IIT Madras, or BSc/BS Degrees from IIT Madras. For more details, Visit: https://www.iitm.ac.in/academics/study-at-iitm/non-campus-bs-programmes #Statistics #DataAnalysis #Population #Sample #Inference #DataDriven #DecisionMaking #Estimation #DescriptiveStatistics #DataOrganization #IITMadras #OnlineLearning #Education #BSProgramme #DataScience #Analytics #StatisticsForDataScience
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