SlideShare a Scribd company logo
STAT ANALYTICA
STATISTICS VS MACHINE
LEARNING: WHICH IS
MORE POWERFUL
Presented by Statistics Experts
Topics to Discuss
A brief outline
Statistics
Machine learning
Difference Between Statistics vs Machine Learning
Industries using statistics
Industries using machine learning
Statistics vs Machine Learning
They belong to different schools
They came up in different eras
Types of data they deal with
Predictive Power and Human Effort
Conclusion
Overview
STATISTICS VS. MACHINE LEARNING IS ALWAYS A SIGNIFICANT
ISSUE THAT THE STATISTICS STUDENTS FACE. THEY ARE STILL
NOT ABLE TO DIFFERENTIATE BETWEEN MACHINE LEARNING AND
STATISTICAL MODELING.THE OBJECTIVE OF STATISTICS AND
MACHINE LEARNING IS ALMOST THE SAME. BUT THE SIGNIFICANT
DIFFERENCE BETWEEN BOTH IS THE VOLUME OF DATA AND
HUMAN INVOLVEMENT FOR BUILDING A MODEL.IN THIS BLOG, I
AM GOING TO SHARE WITH YOU THE DIFFERENCE BETWEEN
STATISTICS VS. MACHINE LEARNING. BEFORE WE GET STARTED,
LET’S HAVE A LOOK AT THE DEFINITION OF MACHINE LEARNING
AND STATISTICS.
Statistics
What is Statistics?
Statistics is all about the study of
collection, analysis, interpretation,
presentation, and organization of data.
Whenever we use statistics in scientific, and
industrial problem, we begin the process by
deciding a statistical model
process.Statistics plays a crucial role in
human activity. It means that with the help
of statistics, we can track human activities.
Machine Learning
What is machine learning?
Machine learning is the future technology.
It is developing at a rapid pace. During the
last few years, machine learning has
reached the next level. It is used in various
fields like fraud detection, web search
results, real-time ads on web pages and
mobile devices, image recognition, robotics,
and many other areas.Machine learning is
a part of computer science. It has been
evolved from the study of computational
learning and theory in artificial
intelligence.
Difference Between
Statistics vs Machine
Learning
Nowadays, data is the key to success for the business. But
data is constantly changing and evolving at a rapid pace.
Therefore the business needs some techniques to convert the
raw data into valuable one. For this they take help of
machine learning and statistics.Data is collected in the
organization from everyday operations. The companies
always need to convert the data into valuable data;
otherwise, the data is no more than the garbage.
INDUSTRIES USING
STATISTICS
Almost every industry use the statistics. Because without
statistics, we can’t get the conclusion from the data.
Nowadays, statistics is crucial for various fields like
eCommerce, trade, psychology, chemistry, and much
more.
Industries
using
statistics
BUSINESS
Statistics is one of the significant aspects
of companies.
ECONOMICS
Statistics is the base of Economics. It is
playing a crucial role in economics.
MATHEMATICS
Statistics is also an integrated part of
mathematics. Statistics help in describing
measurements in a precise manner.
BANKING
Statistics plays an essential part in the
banking sector. Banks require statistics for
the number of different reasons.
STATE MANAGEMENT
Statistics is an essential aspect of the
development of the country.
INDUSTRIES USING MACHINE
LEARNING
The evolution of computer and technologies has produced
machine learning. Machine learning has changed the way
we live our lives. There are lots of industries which are using
machine learning.
INDUSTRIES USING MACHINE
LEARNING
BUSINESS
Brands are using
machine learning to
create various models
to examine their
performance. Machine
learning allows the
brands to create
thousands of model in
a week.
DECISION
MAKING
Machine learning is also
helpful in decision
making. It helps to
reproduce the known
patterns and
knowledge.These
patterns automatically
applied to the data.
NEURAL
NETWORKS
Neural networks were
used for data mining
applications. But after the
evolution of machine
learning, it is possible to
create multiple neural
networks that are having
many layers.
They belong to different
schools
Machine Learning
Machine learning is a subset of computer science and
artificial intelligence. It deal with building a system
that can learn from the data instead of learning from
the pre-programmed instructions.
Statistics
Statistics is a subset of mathematics. It deals with
finding the relationship between variables to
predict the outcome.
They came up in different
eras
Statistics is quite older than machine learning. On the
other hand, machine learning got into existence a few
years ago. Machine learning comes into existence in the
1990s, but it was not getting that much popular.But
after the computing becomes cheaper, then the data
scientist moves into the development of machine
learning. The number of growing data and complexity of
big data has increased the need for machine learning.
Types of data they deal
with
Machine learning offers a wide range of tools. For
prediction, the data on the fly, we use online learning
tools. These tools are the most potent tools and
capable of learning from a trillion of observation on one
by one basis.But the prediction and lean can do
simultaneously.
On the other hand, statistical models are generally
applied for smaller data with fewer attributes.It is quite
overwhelming to process the massive amount of data
using statistics.
Predictive Power and
Human Effort
It is a common thing that nature will not assume
anything before forcing an event to occur. So the less
the assumption in the predictive model, the higher will
be the predictive power.Machine learning is used to
reduce human efforts. Machine learning is based on the
iteration where the algorithms try to find the pattern in
On the other hand, the statistical model is based on
mathematics intensive and coefficient estimation.
Conclusion
Now you make have get the
precise comparison between
statistics vs machine
learning. One more last
thing I would like to
mentioned here that machine
learning without statistics is
nothing.If you’re a statistics
student then you can have
the best statistics homework
help at nominal charges.
Follow us Now!
Social Media Handles
Twitter PinterestFacebook
Get in Touch
We'd love to hear your thoughts
WEBSITE
https://statanalytica.com/
EMAIL
Info@statanalytica.com

More Related Content

What's hot

Application of statistics in cse
Application of statistics in cseApplication of statistics in cse
Application of statistics in cse
Krishno Dey
 
Lecture #03
Lecture #03Lecture #03
Lecture #03
Konpal Darakshan
 
Significant Role of Statistics in Computational Sciences
Significant Role of Statistics in Computational SciencesSignificant Role of Statistics in Computational Sciences
Significant Role of Statistics in Computational Sciences
Editor IJCATR
 
DutchMLSchool. Digital Strategy and AI
DutchMLSchool. Digital Strategy and AIDutchMLSchool. Digital Strategy and AI
DutchMLSchool. Digital Strategy and AI
BigML, Inc
 
Using a Big Data approach to adapt Market Strategies
Using a Big Data approach to adapt Market StrategiesUsing a Big Data approach to adapt Market Strategies
Real life application of statistics in engineering
Real life application of statistics in engineeringReal life application of statistics in engineering
Real life application of statistics in engineering
JannatulFerdous160
 
How does A.I. really affect people ?
How does A.I. really affect people ?How does A.I. really affect people ?
How does A.I. really affect people ?
Nakul Jayatsen
 
How Does AutoML Address Data Preprocessing?
How Does AutoML Address Data Preprocessing?How Does AutoML Address Data Preprocessing?
How Does AutoML Address Data Preprocessing?
Auger.AI
 
Application of calculus in our daily life
Application of calculus in our daily lifeApplication of calculus in our daily life
Application of calculus in our daily life
rehan9911
 
Wsdrajtalk202010
Wsdrajtalk202010Wsdrajtalk202010
The interpretation of the relationship among big data, IoT and smart city - C...
The interpretation of the relationship among big data, IoT and smart city - C...The interpretation of the relationship among big data, IoT and smart city - C...
The interpretation of the relationship among big data, IoT and smart city - C...
Antenna Manufacturer Coco
 
Application of real life in calculus
Application of real life in calculusApplication of real life in calculus
Application of real life in calculus
Shamim Ahmed
 
SmartBuildingToCity_EN
SmartBuildingToCity_ENSmartBuildingToCity_EN
SmartBuildingToCity_EN
Selçuk Ercan
 
What is Data Science
What is Data ScienceWhat is Data Science
What is Data Science
Ioannis Kourouklides
 
Application of-statistics-in-CSE
Application of-statistics-in-CSEApplication of-statistics-in-CSE
Application of-statistics-in-CSE
MashudRana9
 
How to correctly estimate the effect of online advertisement(About Double Mac...
How to correctly estimate the effect of online advertisement(About Double Mac...How to correctly estimate the effect of online advertisement(About Double Mac...
How to correctly estimate the effect of online advertisement(About Double Mac...
Yusuke Kaneko
 
MLSEV Virtual. ML: Business Perspective
MLSEV Virtual. ML: Business PerspectiveMLSEV Virtual. ML: Business Perspective
MLSEV Virtual. ML: Business Perspective
BigML, Inc
 
Big data, big opportunities
Big data, big opportunitiesBig data, big opportunities
Big data, big opportunities
Chouaieb NEMRI
 
Application of calculus in cse
Application of calculus in cseApplication of calculus in cse
Application of calculus in cse
Md. Janibul Hoque
 

What's hot (19)

Application of statistics in cse
Application of statistics in cseApplication of statistics in cse
Application of statistics in cse
 
Lecture #03
Lecture #03Lecture #03
Lecture #03
 
Significant Role of Statistics in Computational Sciences
Significant Role of Statistics in Computational SciencesSignificant Role of Statistics in Computational Sciences
Significant Role of Statistics in Computational Sciences
 
DutchMLSchool. Digital Strategy and AI
DutchMLSchool. Digital Strategy and AIDutchMLSchool. Digital Strategy and AI
DutchMLSchool. Digital Strategy and AI
 
Using a Big Data approach to adapt Market Strategies
Using a Big Data approach to adapt Market StrategiesUsing a Big Data approach to adapt Market Strategies
Using a Big Data approach to adapt Market Strategies
 
Real life application of statistics in engineering
Real life application of statistics in engineeringReal life application of statistics in engineering
Real life application of statistics in engineering
 
How does A.I. really affect people ?
How does A.I. really affect people ?How does A.I. really affect people ?
How does A.I. really affect people ?
 
How Does AutoML Address Data Preprocessing?
How Does AutoML Address Data Preprocessing?How Does AutoML Address Data Preprocessing?
How Does AutoML Address Data Preprocessing?
 
Application of calculus in our daily life
Application of calculus in our daily lifeApplication of calculus in our daily life
Application of calculus in our daily life
 
Wsdrajtalk202010
Wsdrajtalk202010Wsdrajtalk202010
Wsdrajtalk202010
 
The interpretation of the relationship among big data, IoT and smart city - C...
The interpretation of the relationship among big data, IoT and smart city - C...The interpretation of the relationship among big data, IoT and smart city - C...
The interpretation of the relationship among big data, IoT and smart city - C...
 
Application of real life in calculus
Application of real life in calculusApplication of real life in calculus
Application of real life in calculus
 
SmartBuildingToCity_EN
SmartBuildingToCity_ENSmartBuildingToCity_EN
SmartBuildingToCity_EN
 
What is Data Science
What is Data ScienceWhat is Data Science
What is Data Science
 
Application of-statistics-in-CSE
Application of-statistics-in-CSEApplication of-statistics-in-CSE
Application of-statistics-in-CSE
 
How to correctly estimate the effect of online advertisement(About Double Mac...
How to correctly estimate the effect of online advertisement(About Double Mac...How to correctly estimate the effect of online advertisement(About Double Mac...
How to correctly estimate the effect of online advertisement(About Double Mac...
 
MLSEV Virtual. ML: Business Perspective
MLSEV Virtual. ML: Business PerspectiveMLSEV Virtual. ML: Business Perspective
MLSEV Virtual. ML: Business Perspective
 
Big data, big opportunities
Big data, big opportunitiesBig data, big opportunities
Big data, big opportunities
 
Application of calculus in cse
Application of calculus in cseApplication of calculus in cse
Application of calculus in cse
 

Similar to Statistics vs machine learning: which is more powerful

the influence of machine language and data science in the emerging world
the influence of machine language and data science in the emerging worldthe influence of machine language and data science in the emerging world
the influence of machine language and data science in the emerging world
ijtsrd
 
Introduction to Machine Learning with Azure & Databricks
Introduction to Machine Learning with Azure & DatabricksIntroduction to Machine Learning with Azure & Databricks
Introduction to Machine Learning with Azure & Databricks
CCG
 
Data Science Crash course
Data Science Crash courseData Science Crash course
Data Science Crash course
Mohamed Essam
 
GSAMPerspectives7-BigData-Edition
GSAMPerspectives7-BigData-EditionGSAMPerspectives7-BigData-Edition
GSAMPerspectives7-BigData-Edition
Gang Li
 
Difference b/w DataScience, Data Analyst
Difference b/w DataScience, Data AnalystDifference b/w DataScience, Data Analyst
Difference b/w DataScience, Data Analyst
3RI Technologies Pvt Ltd
 
How Artificial Intelligence (AI) and Stem are Shaping Our Future.pdf
How Artificial Intelligence (AI) and Stem are Shaping Our Future.pdfHow Artificial Intelligence (AI) and Stem are Shaping Our Future.pdf
How Artificial Intelligence (AI) and Stem are Shaping Our Future.pdf
Mindful!
 
it-CIO-Trend-Report-2017-The-Eight-Trends
it-CIO-Trend-Report-2017-The-Eight-Trendsit-CIO-Trend-Report-2017-The-Eight-Trends
it-CIO-Trend-Report-2017-The-Eight-Trends
David Glazer, MBA
 
Perspectives on Machine Learning
Perspectives on Machine LearningPerspectives on Machine Learning
Perspectives on Machine Learning
Dr. Niren Sirohi
 
SAS/MIT/Sloan Data Analytics
SAS/MIT/Sloan Data AnalyticsSAS/MIT/Sloan Data Analytics
SAS/MIT/Sloan Data Analytics
Steven Kimber
 
M121SSL Business Analytics And Intelligence.docx
M121SSL Business Analytics And Intelligence.docxM121SSL Business Analytics And Intelligence.docx
M121SSL Business Analytics And Intelligence.docx
stirlingvwriters
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
Srishti44
 
The data science revolution in insurance
The data science revolution in insuranceThe data science revolution in insurance
The data science revolution in insurance
Stefano Perfetti
 
What Can Machine Learning Do For You?
What Can Machine Learning Do For You?What Can Machine Learning Do For You?
What Can Machine Learning Do For You?
Samuel Adeshina
 
Is Data Science a Good Career?
Is Data Science a Good Career?Is Data Science a Good Career?
Is Data Science a Good Career?
SIG Pune
 
Data Science for Finance Interview.
Data Science for Finance Interview. Data Science for Finance Interview.
Data Science for Finance Interview.
James LoBuono, CAPM, ITILv4
 
Impact of Data Analytics in Changing the Future of Business and Challenges Fa...
Impact of Data Analytics in Changing the Future of Business and Challenges Fa...Impact of Data Analytics in Changing the Future of Business and Challenges Fa...
Impact of Data Analytics in Changing the Future of Business and Challenges Fa...
IJSRP Journal
 
from_physics_to_data_science
from_physics_to_data_sciencefrom_physics_to_data_science
from_physics_to_data_science
Martina Pugliese
 
SMAC
SMACSMAC
SMAC
Mphasis
 
Analytics Trends 20145 - Deloitte - us-da-analytics-analytics-trends-2015
Analytics Trends 20145 -  Deloitte - us-da-analytics-analytics-trends-2015Analytics Trends 20145 -  Deloitte - us-da-analytics-analytics-trends-2015
Analytics Trends 20145 - Deloitte - us-da-analytics-analytics-trends-2015
Edgar Alejandro Villegas
 
Unit IV.pdf
Unit IV.pdfUnit IV.pdf
Unit IV.pdf
PreethaSuresh2
 

Similar to Statistics vs machine learning: which is more powerful (20)

the influence of machine language and data science in the emerging world
the influence of machine language and data science in the emerging worldthe influence of machine language and data science in the emerging world
the influence of machine language and data science in the emerging world
 
Introduction to Machine Learning with Azure & Databricks
Introduction to Machine Learning with Azure & DatabricksIntroduction to Machine Learning with Azure & Databricks
Introduction to Machine Learning with Azure & Databricks
 
Data Science Crash course
Data Science Crash courseData Science Crash course
Data Science Crash course
 
GSAMPerspectives7-BigData-Edition
GSAMPerspectives7-BigData-EditionGSAMPerspectives7-BigData-Edition
GSAMPerspectives7-BigData-Edition
 
Difference b/w DataScience, Data Analyst
Difference b/w DataScience, Data AnalystDifference b/w DataScience, Data Analyst
Difference b/w DataScience, Data Analyst
 
How Artificial Intelligence (AI) and Stem are Shaping Our Future.pdf
How Artificial Intelligence (AI) and Stem are Shaping Our Future.pdfHow Artificial Intelligence (AI) and Stem are Shaping Our Future.pdf
How Artificial Intelligence (AI) and Stem are Shaping Our Future.pdf
 
it-CIO-Trend-Report-2017-The-Eight-Trends
it-CIO-Trend-Report-2017-The-Eight-Trendsit-CIO-Trend-Report-2017-The-Eight-Trends
it-CIO-Trend-Report-2017-The-Eight-Trends
 
Perspectives on Machine Learning
Perspectives on Machine LearningPerspectives on Machine Learning
Perspectives on Machine Learning
 
SAS/MIT/Sloan Data Analytics
SAS/MIT/Sloan Data AnalyticsSAS/MIT/Sloan Data Analytics
SAS/MIT/Sloan Data Analytics
 
M121SSL Business Analytics And Intelligence.docx
M121SSL Business Analytics And Intelligence.docxM121SSL Business Analytics And Intelligence.docx
M121SSL Business Analytics And Intelligence.docx
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
The data science revolution in insurance
The data science revolution in insuranceThe data science revolution in insurance
The data science revolution in insurance
 
What Can Machine Learning Do For You?
What Can Machine Learning Do For You?What Can Machine Learning Do For You?
What Can Machine Learning Do For You?
 
Is Data Science a Good Career?
Is Data Science a Good Career?Is Data Science a Good Career?
Is Data Science a Good Career?
 
Data Science for Finance Interview.
Data Science for Finance Interview. Data Science for Finance Interview.
Data Science for Finance Interview.
 
Impact of Data Analytics in Changing the Future of Business and Challenges Fa...
Impact of Data Analytics in Changing the Future of Business and Challenges Fa...Impact of Data Analytics in Changing the Future of Business and Challenges Fa...
Impact of Data Analytics in Changing the Future of Business and Challenges Fa...
 
from_physics_to_data_science
from_physics_to_data_sciencefrom_physics_to_data_science
from_physics_to_data_science
 
SMAC
SMACSMAC
SMAC
 
Analytics Trends 20145 - Deloitte - us-da-analytics-analytics-trends-2015
Analytics Trends 20145 -  Deloitte - us-da-analytics-analytics-trends-2015Analytics Trends 20145 -  Deloitte - us-da-analytics-analytics-trends-2015
Analytics Trends 20145 - Deloitte - us-da-analytics-analytics-trends-2015
 
Unit IV.pdf
Unit IV.pdfUnit IV.pdf
Unit IV.pdf
 

More from Stat Analytica

Visual studio vs visual studio code
Visual studio vs visual studio codeVisual studio vs visual studio code
Visual studio vs visual studio code
Stat Analytica
 
Top 8 Different Types Of Charts In Statistics And Their Uses
Top 8 Different Types Of Charts In Statistics And Their UsesTop 8 Different Types Of Charts In Statistics And Their Uses
Top 8 Different Types Of Charts In Statistics And Their Uses
Stat Analytica
 
Excel Homework Help
Excel Homework HelpExcel Homework Help
Excel Homework Help
Stat Analytica
 
Mba essay writing services
Mba essay writing servicesMba essay writing services
Mba essay writing services
Stat Analytica
 
Prominent steps of how to solve ratios with useful examples
Prominent steps of how to solve ratios with useful examplesProminent steps of how to solve ratios with useful examples
Prominent steps of how to solve ratios with useful examples
Stat Analytica
 
Ultimate guide to how to finish your homework faster
Ultimate guide to how to finish your homework fasterUltimate guide to how to finish your homework faster
Ultimate guide to how to finish your homework faster
Stat Analytica
 
Top tips on python programming for the absolute beginner
Top tips on python programming for the absolute beginnerTop tips on python programming for the absolute beginner
Top tips on python programming for the absolute beginner
Stat Analytica
 
Most prominent methods of how to find outliers in statistics
Most prominent methods of how to find outliers in statisticsMost prominent methods of how to find outliers in statistics
Most prominent methods of how to find outliers in statistics
Stat Analytica
 
Statistics for economics its benefits and limitations
Statistics for economics its benefits and limitationsStatistics for economics its benefits and limitations
Statistics for economics its benefits and limitations
Stat Analytica
 
Major types of statistics terms that you should know
Major types of statistics terms that you should knowMajor types of statistics terms that you should know
Major types of statistics terms that you should know
Stat Analytica
 
The Most Important Statistics for R to Get Started With Data Science
The Most Important Statistics for R to Get Started With Data ScienceThe Most Important Statistics for R to Get Started With Data Science
The Most Important Statistics for R to Get Started With Data Science
Stat Analytica
 
Top 10 statistics tools to get better data insights
Top 10 statistics tools to get better data insightsTop 10 statistics tools to get better data insights
Top 10 statistics tools to get better data insights
Stat Analytica
 
Top 7 types of Statistics Graphs for Data Representation
Top 7 types of Statistics Graphs for Data RepresentationTop 7 types of Statistics Graphs for Data Representation
Top 7 types of Statistics Graphs for Data Representation
Stat Analytica
 
The Comprehensive Guide on Branches of Mathematics
The Comprehensive Guide on Branches of MathematicsThe Comprehensive Guide on Branches of Mathematics
The Comprehensive Guide on Branches of Mathematics
Stat Analytica
 
Top 10 importance of mathematics in everyday life
Top 10 importance of mathematics in everyday lifeTop 10 importance of mathematics in everyday life
Top 10 importance of mathematics in everyday life
Stat Analytica
 
Classification of Data in Statistics
Classification of Data in Statistics Classification of Data in Statistics
Classification of Data in Statistics
Stat Analytica
 
Analysis of variance (ANOVA) everything you need to know
Analysis of variance (ANOVA) everything you need to knowAnalysis of variance (ANOVA) everything you need to know
Analysis of variance (ANOVA) everything you need to know
Stat Analytica
 
The Basics of Statistics for Data Science By Statisticians
The Basics of Statistics for Data Science By StatisticiansThe Basics of Statistics for Data Science By Statisticians
The Basics of Statistics for Data Science By Statisticians
Stat Analytica
 
Top tips on how to learn math with these simple ways
Top tips on how to learn math with these simple waysTop tips on how to learn math with these simple ways
Top tips on how to learn math with these simple ways
Stat Analytica
 
What are the uses of excel in our daily life?
What are the uses of excel in our daily life?What are the uses of excel in our daily life?
What are the uses of excel in our daily life?
Stat Analytica
 

More from Stat Analytica (20)

Visual studio vs visual studio code
Visual studio vs visual studio codeVisual studio vs visual studio code
Visual studio vs visual studio code
 
Top 8 Different Types Of Charts In Statistics And Their Uses
Top 8 Different Types Of Charts In Statistics And Their UsesTop 8 Different Types Of Charts In Statistics And Their Uses
Top 8 Different Types Of Charts In Statistics And Their Uses
 
Excel Homework Help
Excel Homework HelpExcel Homework Help
Excel Homework Help
 
Mba essay writing services
Mba essay writing servicesMba essay writing services
Mba essay writing services
 
Prominent steps of how to solve ratios with useful examples
Prominent steps of how to solve ratios with useful examplesProminent steps of how to solve ratios with useful examples
Prominent steps of how to solve ratios with useful examples
 
Ultimate guide to how to finish your homework faster
Ultimate guide to how to finish your homework fasterUltimate guide to how to finish your homework faster
Ultimate guide to how to finish your homework faster
 
Top tips on python programming for the absolute beginner
Top tips on python programming for the absolute beginnerTop tips on python programming for the absolute beginner
Top tips on python programming for the absolute beginner
 
Most prominent methods of how to find outliers in statistics
Most prominent methods of how to find outliers in statisticsMost prominent methods of how to find outliers in statistics
Most prominent methods of how to find outliers in statistics
 
Statistics for economics its benefits and limitations
Statistics for economics its benefits and limitationsStatistics for economics its benefits and limitations
Statistics for economics its benefits and limitations
 
Major types of statistics terms that you should know
Major types of statistics terms that you should knowMajor types of statistics terms that you should know
Major types of statistics terms that you should know
 
The Most Important Statistics for R to Get Started With Data Science
The Most Important Statistics for R to Get Started With Data ScienceThe Most Important Statistics for R to Get Started With Data Science
The Most Important Statistics for R to Get Started With Data Science
 
Top 10 statistics tools to get better data insights
Top 10 statistics tools to get better data insightsTop 10 statistics tools to get better data insights
Top 10 statistics tools to get better data insights
 
Top 7 types of Statistics Graphs for Data Representation
Top 7 types of Statistics Graphs for Data RepresentationTop 7 types of Statistics Graphs for Data Representation
Top 7 types of Statistics Graphs for Data Representation
 
The Comprehensive Guide on Branches of Mathematics
The Comprehensive Guide on Branches of MathematicsThe Comprehensive Guide on Branches of Mathematics
The Comprehensive Guide on Branches of Mathematics
 
Top 10 importance of mathematics in everyday life
Top 10 importance of mathematics in everyday lifeTop 10 importance of mathematics in everyday life
Top 10 importance of mathematics in everyday life
 
Classification of Data in Statistics
Classification of Data in Statistics Classification of Data in Statistics
Classification of Data in Statistics
 
Analysis of variance (ANOVA) everything you need to know
Analysis of variance (ANOVA) everything you need to knowAnalysis of variance (ANOVA) everything you need to know
Analysis of variance (ANOVA) everything you need to know
 
The Basics of Statistics for Data Science By Statisticians
The Basics of Statistics for Data Science By StatisticiansThe Basics of Statistics for Data Science By Statisticians
The Basics of Statistics for Data Science By Statisticians
 
Top tips on how to learn math with these simple ways
Top tips on how to learn math with these simple waysTop tips on how to learn math with these simple ways
Top tips on how to learn math with these simple ways
 
What are the uses of excel in our daily life?
What are the uses of excel in our daily life?What are the uses of excel in our daily life?
What are the uses of excel in our daily life?
 

Recently uploaded

Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movieFilm vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
Nicholas Montgomery
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
David Douglas School District
 
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptxPengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Fajar Baskoro
 
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective UpskillingYour Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Excellence Foundation for South Sudan
 
DRUGS AND ITS classification slide share
DRUGS AND ITS classification slide shareDRUGS AND ITS classification slide share
DRUGS AND ITS classification slide share
taiba qazi
 
How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17
Celine George
 
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental DesignDigital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
amberjdewit93
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
Nicholas Montgomery
 
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
PECB
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Akanksha trivedi rama nursing college kanpur.
 
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdfবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
eBook.com.bd (প্রয়োজনীয় বাংলা বই)
 
Main Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docxMain Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docx
adhitya5119
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
Dr. Shivangi Singh Parihar
 
clinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdfclinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdf
Priyankaranawat4
 
A Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdfA Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdf
Jean Carlos Nunes Paixão
 
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
RitikBhardwaj56
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Dr. Vinod Kumar Kanvaria
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
TechSoup
 
How to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 InventoryHow to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 Inventory
Celine George
 
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRMHow to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
Celine George
 

Recently uploaded (20)

Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movieFilm vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
 
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptxPengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
 
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective UpskillingYour Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective Upskilling
 
DRUGS AND ITS classification slide share
DRUGS AND ITS classification slide shareDRUGS AND ITS classification slide share
DRUGS AND ITS classification slide share
 
How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17
 
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental DesignDigital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
 
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
 
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdfবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
 
Main Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docxMain Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docx
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
 
clinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdfclinical examination of hip joint (1).pdf
clinical examination of hip joint (1).pdf
 
A Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdfA Independência da América Espanhola LAPBOOK.pdf
A Independência da América Espanhola LAPBOOK.pdf
 
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...The simplified electron and muon model, Oscillating Spacetime: The Foundation...
The simplified electron and muon model, Oscillating Spacetime: The Foundation...
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
 
How to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 InventoryHow to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 Inventory
 
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRMHow to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
 

Statistics vs machine learning: which is more powerful

  • 1. STAT ANALYTICA STATISTICS VS MACHINE LEARNING: WHICH IS MORE POWERFUL Presented by Statistics Experts
  • 2. Topics to Discuss A brief outline Statistics Machine learning Difference Between Statistics vs Machine Learning Industries using statistics Industries using machine learning Statistics vs Machine Learning They belong to different schools They came up in different eras Types of data they deal with Predictive Power and Human Effort Conclusion
  • 3. Overview STATISTICS VS. MACHINE LEARNING IS ALWAYS A SIGNIFICANT ISSUE THAT THE STATISTICS STUDENTS FACE. THEY ARE STILL NOT ABLE TO DIFFERENTIATE BETWEEN MACHINE LEARNING AND STATISTICAL MODELING.THE OBJECTIVE OF STATISTICS AND MACHINE LEARNING IS ALMOST THE SAME. BUT THE SIGNIFICANT DIFFERENCE BETWEEN BOTH IS THE VOLUME OF DATA AND HUMAN INVOLVEMENT FOR BUILDING A MODEL.IN THIS BLOG, I AM GOING TO SHARE WITH YOU THE DIFFERENCE BETWEEN STATISTICS VS. MACHINE LEARNING. BEFORE WE GET STARTED, LET’S HAVE A LOOK AT THE DEFINITION OF MACHINE LEARNING AND STATISTICS.
  • 4. Statistics What is Statistics? Statistics is all about the study of collection, analysis, interpretation, presentation, and organization of data. Whenever we use statistics in scientific, and industrial problem, we begin the process by deciding a statistical model process.Statistics plays a crucial role in human activity. It means that with the help of statistics, we can track human activities.
  • 5. Machine Learning What is machine learning? Machine learning is the future technology. It is developing at a rapid pace. During the last few years, machine learning has reached the next level. It is used in various fields like fraud detection, web search results, real-time ads on web pages and mobile devices, image recognition, robotics, and many other areas.Machine learning is a part of computer science. It has been evolved from the study of computational learning and theory in artificial intelligence.
  • 6. Difference Between Statistics vs Machine Learning Nowadays, data is the key to success for the business. But data is constantly changing and evolving at a rapid pace. Therefore the business needs some techniques to convert the raw data into valuable one. For this they take help of machine learning and statistics.Data is collected in the organization from everyday operations. The companies always need to convert the data into valuable data; otherwise, the data is no more than the garbage.
  • 7. INDUSTRIES USING STATISTICS Almost every industry use the statistics. Because without statistics, we can’t get the conclusion from the data. Nowadays, statistics is crucial for various fields like eCommerce, trade, psychology, chemistry, and much more.
  • 8. Industries using statistics BUSINESS Statistics is one of the significant aspects of companies. ECONOMICS Statistics is the base of Economics. It is playing a crucial role in economics. MATHEMATICS Statistics is also an integrated part of mathematics. Statistics help in describing measurements in a precise manner. BANKING Statistics plays an essential part in the banking sector. Banks require statistics for the number of different reasons. STATE MANAGEMENT Statistics is an essential aspect of the development of the country.
  • 9. INDUSTRIES USING MACHINE LEARNING The evolution of computer and technologies has produced machine learning. Machine learning has changed the way we live our lives. There are lots of industries which are using machine learning.
  • 10. INDUSTRIES USING MACHINE LEARNING BUSINESS Brands are using machine learning to create various models to examine their performance. Machine learning allows the brands to create thousands of model in a week. DECISION MAKING Machine learning is also helpful in decision making. It helps to reproduce the known patterns and knowledge.These patterns automatically applied to the data. NEURAL NETWORKS Neural networks were used for data mining applications. But after the evolution of machine learning, it is possible to create multiple neural networks that are having many layers.
  • 11. They belong to different schools Machine Learning Machine learning is a subset of computer science and artificial intelligence. It deal with building a system that can learn from the data instead of learning from the pre-programmed instructions. Statistics Statistics is a subset of mathematics. It deals with finding the relationship between variables to predict the outcome.
  • 12. They came up in different eras Statistics is quite older than machine learning. On the other hand, machine learning got into existence a few years ago. Machine learning comes into existence in the 1990s, but it was not getting that much popular.But after the computing becomes cheaper, then the data scientist moves into the development of machine learning. The number of growing data and complexity of big data has increased the need for machine learning.
  • 13. Types of data they deal with Machine learning offers a wide range of tools. For prediction, the data on the fly, we use online learning tools. These tools are the most potent tools and capable of learning from a trillion of observation on one by one basis.But the prediction and lean can do simultaneously. On the other hand, statistical models are generally applied for smaller data with fewer attributes.It is quite overwhelming to process the massive amount of data using statistics.
  • 14. Predictive Power and Human Effort It is a common thing that nature will not assume anything before forcing an event to occur. So the less the assumption in the predictive model, the higher will be the predictive power.Machine learning is used to reduce human efforts. Machine learning is based on the iteration where the algorithms try to find the pattern in On the other hand, the statistical model is based on mathematics intensive and coefficient estimation.
  • 15. Conclusion Now you make have get the precise comparison between statistics vs machine learning. One more last thing I would like to mentioned here that machine learning without statistics is nothing.If you’re a statistics student then you can have the best statistics homework help at nominal charges.
  • 16. Follow us Now! Social Media Handles Twitter PinterestFacebook
  • 17. Get in Touch We'd love to hear your thoughts WEBSITE https://statanalytica.com/ EMAIL Info@statanalytica.com