Member-only story
Statistics importance in Regression Modeling
Statistics is the field of study that involves the collection, analysis, interpretation, presentation, and organization of data. It provides tools to understand, infer, and predict phenomena based on data.
A short story
Ellen’s bistro, “Noodle Notes,” had two things: pricey soup and her… ‘unique’ singing. Business was down. Did folks hate her soup or her songs? She needed answers!
Enter Barry, a data nerd with socks always mismatched. Using statistics, he found a weird trend: soup sales went down when prices went up (obvious), but skyrocketed when Ellen sang… off-key (less obvious).
Barry exclaimed, “Ellen, your voice is… an acquired taste, and it’s golden!”
Ellen’s solution? “Bad Karaoke Soup Nights!” Soon, the bistro was packed, folks belting…
