Applied statistics is the root of data analysis, and the practice of applied statistics involves analyzing data to help define and determine organizational needs. The goal of this paper is to clarify the applied statistics, its principles and to present its application in various fields.
Contemporary Data Science for Finance Students: A Comparative Study of Essential Features of Commonly Used Statistical Software
In this paper we compare some of the essential traits of the software preferred by researchers, students and professors, such as R or RStudio, or Matlab. In order to fill the gap in the Romanian literature and help finance students in choosing proper tools