Probability and Statistical ResearchGaussian Processes and Bayesian InferenceAdvanced Statistical Methods and Models
Bovas Abraham, A. Variyath
Abstract
We consider some key concepts in the application of statistics to real world problem solving which are still relevant in the era of Big Data and Artificial Intelligence (AI). Also, we give an outline of some historical developments in industrial quality improvement where statistical methods are widely applied. In addition, we briefly discuss Big Data, Data Science, and some aspects of machine learning with emphasis on Statistical Thinking and ethical considerations.
Citation format
ABRAHAM, Bovas; VARIYATH, A. Simple thoughts about applied statistics in the age of data science and artificial intelligence. APPLIED STOCHASTIC MODELS IN BUSINESS AND INDUSTRY, 2026, 42(2).