Search icon CANCEL
Subscription
0
Cart icon
Your Cart (0 item)
Close icon
You have no products in your basket yet
Arrow left icon
Explore Products
Best Sellers
New Releases
Books
Videos
Audiobooks
Learning Hub
Free Learning
Arrow right icon
Arrow up icon
GO TO TOP
Python: End-to-end Data Analysis

You're reading from   Python: End-to-end Data Analysis Leverage the power of Python to clean, scrape, analyze, and visualize your data

Arrow left icon
Product type Course
Published in May 2017
Publisher Packt
ISBN-13 9781788394697
Length 931 pages
Edition 1st Edition
Languages
Tools
Arrow right icon
Authors (5):
Arrow left icon
Luiz Felipe Martins Luiz Felipe Martins
Author Profile Icon Luiz Felipe Martins
Luiz Felipe Martins
Ivan Idris Ivan Idris
Author Profile Icon Ivan Idris
Ivan Idris
Phuong Vo.T.H Phuong Vo.T.H
Author Profile Icon Phuong Vo.T.H
Phuong Vo.T.H
Martin Czygan Martin Czygan
Author Profile Icon Martin Czygan
Martin Czygan
Magnus Vilhelm Persson Magnus Vilhelm Persson
Author Profile Icon Magnus Vilhelm Persson
Magnus Vilhelm Persson
+1 more Show less
Arrow right icon
View More author details
Toc

Chapter 3. Learning About Models

In the most generic sense, a model is an approximate description of a portion of reality. Models are essential to science and, in fact, any area of knowledge: it is only possible to comprehend the world by concentrating on a small part of it at a time and making suitable simplifications.

In this chapter, we will discuss the following topics:

  • Using basic models in data analysis
  • Using the cumulative distribution function and probability density function to characterize a variable
  • Using the preceding functions and various tools to make point estimates and generating random numbers with a certain distribution
  • Discussing examples of discrete and continuous random variables and an overview of multivariate distributions

Models and experiments

Models can take many forms: a verbal description, set of mathematical equations, or segment of computer code. In this book, we are interested in a specific kind of model, probabilistic or statistical model, which...

lock icon The rest of the chapter is locked
Register for a free Packt account to unlock a world of extra content!
A free Packt account unlocks extra newsletters, articles, discounted offers, and much more. Start advancing your knowledge today.
Unlock this book and the full library FREE for 7 days
Get unlimited access to 7000+ expert-authored eBooks and videos courses covering every tech area you can think of
Renews at $19.99/month. Cancel anytime
Banner background image