Join my Academy, learn Data & AI skills and land a job👇 Statistics is supposedly essential for data roles, but oddly enough, many data analysts learn it on the job rather than before. In this video, I clarify the importance of statistics for data analyst and scientist roles, explain key concepts like central tendency, variance, and standard deviation, and demonstrate practical applications in Excel to ease your learning pain. 📸 SOCIAL Instagram and TikTok - @Loresowhat @loresowhat 📩 Get in touch: loresowhat@ 🔎 CONTENT 0:00 Introduction to Statistics in Data Roles 2:15 Using Excel to Apply Statistical Concepts 3:23 Central Tendency: Mean, Median, and Mode 5:45 Choosing the Right Measure of Central Tendency 6:36 Understanding Data Distribution and Skewness 8:45 Practical Calculations of Mean, Median, and Mode in Excel 10:40 Range as a Measure of Variability 12:59 Variance: Measuring Data Spread 15:55 Standard Deviation Explained 18:15 Sample vs Population in Statistical Calculations 19:10 Conclusion and Further Learning Resources #StatisticsForDataAnalytics #DataAnalysisBasics #ExcelForDataScience