Learning Statistics, Day 2 - Introduction to Statistics, Day 2

And we're back into statistics! It saves me from obsessively refreshing the "Grades" page for my Disruptive Technologies in the Digital Economy submissions. Come on, it's been a month already, just tell me if I passed or not. No, I need to stop looking at that. I need to think about statistics. Prediction and ExplanationWhat do you use statistics for? Predicting things and explaining things. Yep, that is how it is. I don't know how I feel about this section though: Some statistical methods are not focused on explaining how things are connected. Only the accuracy of prediction is important. Many statistical methods are successful at predicting without giving insight into how things are connected. I think this is why I always side-eye business forecasting. I need to see how everything is connected before I agree "Yes, if we do that, we will increase this." I mean, the linear regression I did in the Data Science course let you see how the variables were connected and then you could…