A a Data Scientist, how do you employ statistics to analyze data and develop business recommendations?

Data Scientists use a variety of tools, statistics being one of the most used and commonly employed. An interviewer will ask this question early in the interview to set the stage, learn more about your skills and experience, and guide you toward other, more specific questions. Keep this in mind when responding to this question because it will provide you with the opportunity to move the interview in a direction that you are comfortable with and can easily address.