Data Science and Statistics for Decision Making
Data Science and Statistics for Decision Making Data science and statistics help decision making by turning raw numbers into usable insights. They show what happened, what might happen next, and how confident we are about each estimate. This helps leaders and teams choose actions with less guesswork. Begin with a clear decision question. For example: Should we run a new ad variant this month? Then decide what data to collect: conversions, costs, traffic, time period, and a simple goal. ...