BOU CONNECTS PODCAST: How Important are Statistics in Your Day-to-Day Life

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  • Опубліковано 12 січ 2025

КОМЕНТАРІ • 68

  • @ThePromiseInsuranceShow
    @ThePromiseInsuranceShow Місяць тому +2

    This podcast is testament that gone are the days when traditional institutions like BOU relied on traditional ways of relying information to the public. I must commend Director communication Dr. Egesa for championing this innovation well executed by passionate engaging Pumla.
    Thanks Milly for delivering an authentic presentation on the role of statistics and meta data on our macro-econometrics. You really simply communicated well.
    Kudos to BOU for being relevant to this generation. Looking forward to more episodes going forward.

    • @pumlanabachwa8668
      @pumlanabachwa8668 Місяць тому

      Thank you for this. We indeed must move with the times.

  • @susannakato5681
    @susannakato5681 Місяць тому +4

    Proud to be mentored by Milly. She lives and breathes statistics. If we all embraced statistics and embedded it in all our processes, we would make significant savings. Live a healthy life.Avoid repetitive errors and mistakes.

  • @samak5075
    @samak5075 Місяць тому +3

    Excellent initiative Bank of Uganda 🎉

  • @gabriellaelsa620
    @gabriellaelsa620 Місяць тому +4

    Such an insightful discussion on data science, statistics, and big data! Hearing directly from the Director of Statistics at the Bank of Uganda adds immense value, especially with the practical applications and challenges highlighted. This podcast is a goldmine for anyone passionate about how data transforms industries and drives decision-making. Incredible content-thank you Milly for sharing these valuable perspectives!

  • @jennyunscripted86
    @jennyunscripted86 Місяць тому +2

    Pumla brought me here❤❤. Thanks so much BOU for this initiative🙏🏾

  • @deevicks8918
    @deevicks8918 Місяць тому +4

    This is a brilliant innovation Pumla. I loved the discussion with Milly. Looking forward to the monthly podcasts.

  • @joelgracemadaala7754
    @joelgracemadaala7754 Місяць тому +6

    That Pumla is using her “hosting” skill set at her place of work is lovable❤️❤️❤️

  • @InspiredbyBarbNatifu
    @InspiredbyBarbNatifu Місяць тому +2

    Congratulations Pumla dear and your team. We are here to listen to you unpack the numbers and how they reflect on the status of our economy. I think apart from decision making, stats help us self reflect on our performance in different spheres of life. For instance, the recent stats on men and their emotional attachment to their children was alarming, just 5%. It was shocking...The stats/numbers also need qualitative interpretation to give them context and validity...

    • @pumlanabachwa8668
      @pumlanabachwa8668 Місяць тому

      Thank you. This is true. Qualitative interpretation and context are key

  • @chrinahgbs3843
    @chrinahgbs3843 Місяць тому +2

    where pumla is we gooo though am part of the team that usually collects the data on behalf of statistics department,Kudos to our Director statistics and kudos to the entire Bou for this initiative

    • @pumlanabachwa8668
      @pumlanabachwa8668 Місяць тому

      Ooooohhhh....so lovely that you're part of the team

  • @Nambozobev
    @Nambozobev Місяць тому +1

    Congratulations on launching this! So timely!

  • @InspiredbyBarbNatifu
    @InspiredbyBarbNatifu Місяць тому +3

    We need to break down the money markets technical jargon too..Alot of people dont quite understand it...

  • @bensonahumuza5678
    @bensonahumuza5678 11 днів тому

    Well done ladies

  • @janerose5068
    @janerose5068 Місяць тому +1

    I had to come here running after seeing the post on Nabacwa's Facebook page 🤣🤣🤣and am ready to learn 👍.

  • @jonantwinamatsiko6013
    @jonantwinamatsiko6013 Місяць тому +13

    I watch every podcast Pumla is part of, who am I😂

  • @MsJacqueBangirana
    @MsJacqueBangirana Місяць тому

    Thats why courses that have elements of machine learning and data science like the Master of Science in Engineering Artificial Intelligence (MS EAI) and IT (MS IT) from places like Carnegie Mellon University Africa are key. Every organisation now needs a data scientist to make informed decisions.

  • @nabukenyawinnie7285
    @nabukenyawinnie7285 Місяць тому +2

    Anti I saw pumla 😂

  • @judithkibirango2354
    @judithkibirango2354 Місяць тому +2

    Here because of Pumla❤

  • @MirembeNsubuga
    @MirembeNsubuga Місяць тому +1

    Wow 🎉Pomula

  • @daphinenamuli7566
    @daphinenamuli7566 Місяць тому +3

    I'm here to learn.... where Pumla is, I follow👏

  • @ziwaug.4346
    @ziwaug.4346 Місяць тому +1

    Great Topic

  • @okwareemmanuel3491
    @okwareemmanuel3491 Місяць тому +2

    Confusing statistics and data science: While statistics is a key component of data science, statistics is more about verifying known facts or assumptions using data, while data science harnesses large amounts of data generated by all economic activities. When you confuse the two, you end up employing statisticians in place of Data scientists whose curiosity is to unearth insights from all data.
    Good Podcast, we will be interacting on more critical issues around monetary policy!

    • @gabriellaelsa620
      @gabriellaelsa620 Місяць тому +3

      statistics and data science are more intertwined than you may think. Statistics isn't merely about verifying known facts; it also explores uncertainties and drives discoveries, which is integral to data science. On the other hand, data science extends statistical methods with machine learning, programming, and domain expertise. The value lies in collaboration between statisticians and data scientists, rather than an ‘either-or’ approach. This podcast excellently highlights the synergy needed to tackle real-world challenges!"

    • @DeltaWisk
      @DeltaWisk Місяць тому

      Data Science is basically using Statistics to analyse large amounts of data. So yes, statisticians make great data scientists after they add a few skills in Machine learning and computer science. Which the Director clearly mentioned, going from the traditional way of doing things to higher levels, eg from just excel to tools such as R, Power BI, tableau, etc to handle Big data better.
      Besides just that, data scientists across the world slowly evolved from the major fields of Statistics and Computer science, there haven't been many courses on data science untill currently, these were statisticians, computer scientists, software developers that extended theirs skills and knowledge. So, having statisticians as data scientists is a pretty descent start. It's a process.

    • @Wani_Daniel
      @Wani_Daniel Місяць тому +1

      Data Science is basically using Statistics to analyse large amounts of data. So yes, statisticians make great data scientists after they add a few skills in Machine learning and computer science. Which the Director clearly mentioned, going from the traditional way of doing things to higher levels, eg from just excel to tools such as R, Power BI, tableau, etc to handle Big data better.
      Besides just that, data scientists across the world slowly evolved from the major fields of Statistics and Computer science, there haven't been many courses on data science untill currently, these were statisticians, computer scientists, software developers that extended theirs skills and knowledge. So, having statisticians as data scientists is a pretty descent start. It's a process.

  • @niwamanyaemma3042
    @niwamanyaemma3042 Місяць тому +1

    Waiting 👏🏽

  • @irenequeenofPeace6228
    @irenequeenofPeace6228 Місяць тому +2

    Pumla kilabika yanfuyila emmindi😂😂. Buli jagenda mugibelela

    • @pumlanabachwa8668
      @pumlanabachwa8668 Місяць тому

      😂😂😂😂😂😂😂😂😂😂😂
      IREEEEEENNNNNEEEEE ❤😂❤😂❤

    • @laurakinalwa8528
      @laurakinalwa8528 Місяць тому

      Hmm, check out the English translation of your comment. You will haha...

  • @nakazibweaisha3516
    @nakazibweaisha3516 Місяць тому +1

    Here we a Pumla one love.

  • @who_me4321
    @who_me4321 Місяць тому +3

    BOU about to get followers cz of Pumla... Baby they should increase that paycheck

  • @Pauline-b3j
    @Pauline-b3j Місяць тому

    Happy to be here with my Pumla😊

  • @muhwezivicent-m7e
    @muhwezivicent-m7e Місяць тому +2

    Thanks @ Ms Milly and Pumla

  • @DataJourney-di4wq
    @DataJourney-di4wq Місяць тому

    How can we help?

  • @alberttravis256
    @alberttravis256 Місяць тому +2

    Is this going to be a regular show hosted by you Pumla?

    • @pumlanabachwa8668
      @pumlanabachwa8668 Місяць тому +3

      Yes. A monthly podcast

    • @judithkibirango2354
      @judithkibirango2354 Місяць тому +1

      Wow will always be here

    • @InspiredbyBarbNatifu
      @InspiredbyBarbNatifu Місяць тому +1

      ​@@pumlanabachwa8668​​We shall tune in dear,but we may need the voices of omuntu wawansi and their perspective... and not just the technical expert view.

    • @ThePromiseInsuranceShow
      @ThePromiseInsuranceShow Місяць тому

      ​@@InspiredbyBarbNatifu let's give them the benefit of the doubt. I am sure there were many strings pulled for this pioneer podcast. Once the critical mass of informed viewers happen, the public engagements will begin to happen. We are still in the early days of a revolution within BOU.

    • @isaacguweddeko7377
      @isaacguweddeko7377 20 днів тому

      As a yet to be employed statistian I will follow this podcast, thanks Pumla

  • @ladydianah882
    @ladydianah882 Місяць тому +1

    We love you Pulma