Data Science and Statistics for Decision Making
Data Science and Statistics for Decision Making Data science helps turn numbers into usable actions. It combines data collection, cleaning, exploration, and modeling to support decisions. Statistics gives a framework to judge what the numbers say, especially when we face uncertainty. Decision making is not only about the best estimate. It is about balancing risk and value. By estimating effect size and its uncertainty, we compare options more fairly and set expectations for what could happen next. ...