The document discusses key statistical concepts including the differences between variance and bias, overfitting and how to prevent it, the central limit theorem, correlation versus causation, populations versus samples, parametric versus non-parametric tests, how confidence intervals are calculated, the significance of p-values in hypothesis testing, when t-tests are used, and the concept of Bayesian inference.
The document discusses key statistical concepts including the differences between variance and bias, overfitting and how to prevent it, the central limit theorem, correlation versus causation, populations versus samples, parametric versus non-parametric tests, how confidence intervals are calculated, the significance of p-values in hypothesis testing, when t-tests are used, and the concept of Bayesian inference.
The document discusses key statistical concepts including the differences between variance and bias, overfitting and how to prevent it, the central limit theorem, correlation versus causation, populations versus samples, parametric versus non-parametric tests, how confidence intervals are calculated, the significance of p-values in hypothesis testing, when t-tests are used, and the concept of Bayesian inference.
1. What is the difference between variance and bias?
2. What is overfitting, and how can it be prevented?
3. Explain the central limit theorem. 4. What is the difference between correlation and causation? 5. What is the difference between a population and a sample? 6. What is the difference between a parametric and non-parametric test? 7. What is a confidence interval, and how is it calculated? 8. Explain the concept of p-value and its significance in hypothesis testing. 9. What is a t-test, and when is it used? 10. Explain the concept of Bayesian inference.