The ability to understand and apply Business Statistics is becoming increasingly important in the industry. A good understanding of Business Statistics is a requirement to make correct and relevant interpretations of data. Lack of knowledge could lead to erroneous decisions which could potentially have negative consequences for a firm. This course is designed to introduce you to Business Statistics. We begin with the notion of descriptive statistics, which is summarizing data using a few numbers. Different categories of descriptive measures are introduced and discussed along with the Excel functions to calculate them. The notion of probability or uncertainty is introduced along with the concept of a sample and population data using relevant business examples. This leads us to various statistical distributions along with their Excel functions which are then used to model or approximate business processes. You get to apply these descriptive measures of data and various statistical distributions using easy-to-follow Excel based examples which are demonstrated throughout the course.
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来自BASIC DATA DESCRIPTORS, STATISTICAL DISTRIBUTIONS, AND APPLICATION TO BUSINESS DECISIONS的热门评论
Loved studing and learning about normal distributions, continuous vs discrete data and how to estimate probabilities by different distributions approach. Learning is fascinating
A truly fascinating course. Keep in mind, this is an introductory course, and it is very useful for either refreshing your memory, or teach something useful and practical.
Excellent exposition on popular statistical functions such as Binomial, Poisson and Normal distribution functions. Thorough understanding of discrete versus continuous data.
A Wonderfully structured Course that provides you with the base to start your journey in Business Statistics. Best part is if you want you can complete this course in about 2 days.
关于 Business Statistics and Analysis 专项课程
The Business Statistics and Analysis Specialization is designed to equip you with a basic understanding of business data analysis tools and techniques. Informed by our world-class Data Science master's and PhD course material, you’ll master essential spreadsheet functions, build descriptive business data measures, and develop your aptitude for data modeling. You’ll also explore basic probability concepts, including measuring and modeling uncertainty, and you’ll use various data distributions, along with the Linear Regression Model, to analyze and inform business decisions. The Specialization culminates with a Capstone Project in which you’ll apply the skills and knowledge you’ve gained to an actual business problem.