Depends. For pure investment banking deals such as IPO, M&A etc, statistics is rarely used. However in situations like structured finance statistics is widely used.
In this Databricks Azure tutorial project, you will use Spark Sql to analyse the movielens dataset to provide movie recommendations. As part of this you will deploy Azure data factory, data pipelines and visualise the analysis.
In this data science project, you will work with German credit dataset using classification techniques like Decision Tree, Neural Networks etc to classify loan applications using R.
In this machine learning pricing project, we implement a retail price optimization algorithm using regression trees. This is one of the first steps to building a dynamic pricing model.
Spark Project - Discuss real-time monitoring of taxis in a city. The real-time data streaming will be simulated using Flume. The ingestion will be done using Spark Streaming.
In this ensemble machine learning project, we will predict what kind of claims an insurance company will get. This is implemented in python using ensemble machine learning algorithms.