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Do I really need to know statistics for data mining ?

I'm taking classes at online university that I work at. I hate the statistic formulas and the different verbiage I have to know, I feel like it doesn't match with entry level job in data mining.

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Randy’s Answer

Hello Merika,

It's fantastic to connect with you, and I'm thrilled to see your interest in Data Mining. Let's dive into a few key insights. I firmly believe that each individual should pursue what truly sparks their enthusiasm and brings them joy. This passion naturally leads you to excel in that particular field.

Data Mining and statistics go hand in hand. It involves the process of evaluating, scaling, quantifying, and identifying patterns. Even though you might be using software packages, it's essential to apply statistical principles and formulas.

My specialty lies in comprehending the business aspect of this equation, with a focus on practical application. Whether it's solving problems or optimizing for business value, that's where I thrive.

I hope this gives you some direction in carving out your own path. Wishing you all the best on this exciting journey!
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Alex’s Answer

Yes, you will want to have a good basis in statistics. I am afraid it is very important. The good news is - the computers and tools will do a lot of this for you when you are in the workforce .... but it will be important for you to know the basics to build your career. And - it will help more than you realize! Stock picking, sports betting, election tracking - here's a cool book recommendation -- On the Edge: The Art of Risking Everything
by Nate Silver. He has turned an understanding of stats into a VERY famous career!
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Jeff’s Answer

Stats was my least favorite class but I do think it will be useful. While you may not have to do the calculations like you do in school, having that experience will get you familiar with terms, understanding why things are trending a certain way, etc. Wish I could recommend dropping it!
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