Chevron Left
返回到 Business Applications of Hypothesis Testing and Confidence Interval Estimation

学生对 莱斯大学 提供的 Business Applications of Hypothesis Testing and Confidence Interval Estimation 的评价和反馈

842 个评分
135 条评论


Confidence intervals and Hypothesis tests are very important tools in the Business Statistics toolbox. A mastery over these topics will help enhance your business decision making and allow you to understand and measure the extent of ‘risk’ or ‘uncertainty’ in various business processes. This is the third course in the specialization "Business Statistics and Analysis" and the course advances your knowledge about Business Statistics by introducing you to Confidence Intervals and Hypothesis Testing. We first conceptually understand these tools and their business application. We then introduce various calculations to constructing confidence intervals and to conduct different kinds of Hypothesis Tests. These are done by easy to understand applications. To successfully complete course assignments, students must have access to a Windows version of Microsoft Excel 2010 or later. Please note that earlier versions of Microsoft Excel (2007 and earlier) will not be compatible to some Excel functions covered in this course. WEEK 1 Module 1: Confidence Interval - Introduction In this module you will get to conceptually understand what a confidence interval is and how is its constructed. We will introduce the various building blocks for the confidence interval such as the t-distribution, the t-statistic, the z-statistic and their various excel formulas. We will then use these building blocks to construct confidence intervals. Topics covered include: • Introducing the t-distribution, the T.DIST and T.INV excel functions • Conceptual understanding of a Confidence Interval • The z-statistic and the t-statistic • Constructing a Confidence Interval using z-statistic and t-statistic WEEK 2 Module 2: Confidence Interval - Applications This module presents various business applications of the confidence interval including an application where we use the confidence interval to calculate an appropriate sample size. We also introduce with an application, the confidence interval for a population proportion. Towards the close of module we start introducing the concept of Hypothesis Testing. Topics covered include: • Applications of Confidence Interval • Confidence Interval for a Population Proportion • Sample Size Calculation • Hypothesis Testing, An Introduction WEEK 3 Module 3: Hypothesis Testing This module introduces Hypothesis Testing. You get to understand the logic behind hypothesis tests. The four steps for conducting a hypothesis test are introduced and you get to apply them for hypothesis tests for a population mean as well as population proportion. You will understand the difference between single tail hypothesis tests and two tail hypothesis tests and also the Type I and Type II errors associated with hypothesis tests and ways to reduce such errors. Topics covered include: • The Logic of Hypothesis Testing • The Four Steps for conducting a Hypothesis Test • Single Tail and Two Tail Hypothesis Tests • Guidelines, Formulas and an Application of Hypothesis Test • Hypothesis Test for a Population Proportion • Type I and Type II Errors in a Hypothesis WEEK 4 Module 4: Hypothesis Test - Differences in Mean In this module, you'll apply Hypothesis Tests to test the difference between two different data, such hypothesis tests are called difference in means tests. We will introduce the three kinds of difference in means test and apply them to various business applications. We will also introduce the Excel dialog box to conduct such hypothesis tests. Topics covered include: • Introducing the Difference-In-Means Hypothesis Test • Applications of the Difference-In-Means Hypothesis Test • The Equal & Unequal Variance Assumption and the Paired t-test for difference in means. • Some more applications...



May 06, 2020

The statistical concepts and methods are very well explained in an easy to understand manner. Good examples are given to demonstrate application of the cocepts and methods in business environment.


Oct 17, 2017

Professor explains well and makes it easy to not only understand, but to remember what you learned in previous lessons even if you are going back after a long period of time between lessons.


76 - Business Applications of Hypothesis Testing and Confidence Interval Estimation 的 100 个评论(共 133 个)

创建者 Noro B

Jun 12, 2017

great course to learn statistics and advacend excel

创建者 abhinav k

Mar 10, 2017

Very Nice course. Easy to understand and practice.

创建者 Soham B

May 06, 2020

Wonderful lucid experience. Great instructor.

创建者 Aline C

Nov 24, 2018

Well designed and usefull. A good investment

创建者 Qianxian W

Aug 19, 2017

Very clear teaching and rewarding exercises.

创建者 Eric B

Feb 11, 2017

Very detailed instructions. I learned a lot!

创建者 Nazmus S S

Jan 07, 2019

Professor is very good. I love this course.

创建者 Songly H

Oct 29, 2017

Great course, short, concise to the point!

创建者 Prakhar S

Jun 05, 2017

perfect course to learn hypothesis testing

创建者 Filipe M

Jul 09, 2019

The sound in the videos should be lauder.

创建者 Ernie R

Mar 04, 2019

Great instructor! Easy to follow along.

创建者 Isabel

Jun 23, 2017

Very good structure with many examples

创建者 Juan C D M

Mar 15, 2020

Great course, very clear and usefull

创建者 Apurva G

May 02, 2020

The course was really insightful.

创建者 Terry N U

Sep 27, 2018

Statistics simplified.


创建者 Vipul R G

Jul 08, 2020

Great learning, Thank you Prof.

创建者 deathleo

Jun 27, 2020

Very useful tools for bussiness

创建者 原野

Dec 28, 2018

it is really helpful class!!!

创建者 Yixuan W

Aug 23, 2017

i like it, easy to understand

创建者 Ponciano R

May 31, 2018

Fantastic course and teacher

创建者 G. J J W

Jun 01, 2020

Amazing Journey of Learning

创建者 Akhil G

Jan 16, 2020

Excellent course good pace


Jul 17, 2018

very interesting course...

创建者 Elsayed k

Jan 04, 2020

great knowledge included

创建者 Victoria P

Apr 24, 2019

Favorite course so far