┌────────────────────────────────────────────────────────┐ │ PPDAC Cycle (Statistical Workflow) │ └───────────────────────────┬────────────────────────────┘ ▼ [Problem] ──> [Plan] ──> [Data] ──> [Analysis] ──> [Conclusion] 🔁 The PPDAC Cycle
Reveal the underlying shape of data distributions. price (normal or discounted)
Leo asks Maya to record for two weeks. She sees: $520, $490, $610, $580, $505, $595, $480, $625, $515, $600, $485, $590, $510, $605 price (normal or discounted)
(PDF) Statistical thinking for 21st century scientists - ResearchGate price (normal or discounted)
We use a sample (two weeks) to infer what would happen in the population (all future weeks).
EDA utilizes visual frameworks to detect anomalies, patterns, and underlying structures.
Leo collects 30 days of data: revenue, price (normal or discounted), and average daily temperature. He runs a :