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Describe the Role of the Data Scientist in an Organization

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Essay

Describe the role of the data scientist in an organization, including technology businesses.


Definitions:

Income

Money received, typically on a regular basis, for work or through investments.

Difference in Means

A statistical measure that evaluates the difference between the average values of two groups or sets.

Bootstrap Confidence Interval

A method of estimating the confidence interval for a parameter by resampling with replacement from the original data and recalculating the statistic of interest multiple times.

Bias

A systematic error or deviation from the true value in data collection, analysis, interpretation, or review that can lead to incorrect conclusions.

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