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Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions(으)로 돌아가기

라이스 대학교의 Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions 학습자 리뷰 및 피드백

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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. To successfully complete course assignments, students must have access to Microsoft Excel. ________________________________________ WEEK 1 Module 1: Basic Data Descriptors In this module you will get to understand, calculate and interpret various descriptive or summary measures of data. These descriptive measures summarize and present data using a few numbers. Appropriate Excel functions to do these calculations are introduced and demonstrated. Topics covered include: • Categories of descriptive data • Measures of central tendency, the mean, median, mode, and their interpretations and calculations • Measures of spread-in-data, the range, interquartile-range, standard deviation and variance • Box plots • Interpreting the standard deviation measure using the rule-of-thumb and Chebyshev’s theorem ________________________________________ WEEK 2 Module 2: Descriptive Measures of Association, Probability, and Statistical Distributions This module presents the covariance and correlation measures and their respective Excel functions. You get to understand the notion of causation versus correlation. The module then introduces the notion of probability and random variables and starts introducing statistical distributions. Topics covered include: • Measures of association, the covariance and correlation measures; causation versus correlation • Probability and random variables; discrete versus continuous data • Introduction to statistical distributions ________________________________________ WEEK 3 Module 3: The Normal Distribution This module introduces the Normal distribution and the Excel function to calculate probabilities and various outcomes from the distribution. Topics covered include: • Probability density function and area under the curve as a measure of probability • The Normal distribution (bell curve), NORM.DIST, NORM.INV functions in Excel ________________________________________ WEEK 4 Module 4: Working with Distributions, Normal, Binomial, Poisson In this module, you'll see various applications of the Normal distribution. You will also get introduced to the Binomial and Poisson distributions. The Central Limit Theorem is introduced and explained in the context of understanding sample data versus population data and the link between the two. Topics covered include: • Various applications of the Normal distribution • The Binomial and Poisson distributions • Sample versus population data; the Central Limit Theorem...

최상위 리뷰


2021년 8월 20일

This was a really enjoyable course, but challenging too. I struggled a bit with the final assignment, but nailed it in the end. My statistical knowledge base has indeed been enhanced by this course.


2017년 8월 22일

The course has been designed in a manner to give maximum understanding of the concept. The Quizzes are really grilling. and helps you strengthen the knowledge gained from the lecture videos.

필터링 기준:

Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions의 392개 리뷰 중 101~125

교육 기관: Russel Q

2018년 9월 30일

Excellent intro to basic statistics, vocabulary, and calculations. Sequenced nicely, and great real world examples.


2017년 8월 1일

Lot's of useful examples and hands-on exercises. Just the right pace for beginners. Great course - recommend it 100%!

교육 기관: Maneet J

2020년 4월 6일

Amazing course! Got to learn how to use various kind of probability using Excel with the help of real life examples.

교육 기관: Paritosh D

2018년 9월 16일

an excellent course!

presents stats related info - enough to put anyone to sleep - in an engaging manner.

thank you!

교육 기관: Lan H D

2020년 6월 7일

The content presents the basic foundation of applied statistics. The lecturer has a good teaching demonstration.

교육 기관: Martin O O

2021년 11월 6일

T​he last part of the course on Binomial distribution was more challenging.I managed it after several attempts.

교육 기관: Nazim D

2017년 5월 24일

Excellent resource to master such crucial skills as the application of statistics method to business problems.

교육 기관: alexandre v

2021년 1월 3일

Well designed and easy to understand with examples that theoretical notions easy to apply to the real world

교육 기관: Thomasina B

2020년 8월 15일

Explained the concepts about the statistical models without getting bogged down in alot of technical lingo.

교육 기관: Tim W

2020년 4월 26일

Enjoyable. Some of the end of week questions were quite tricky and really helped to reinforce the learning.

교육 기관: Taylor N

2019년 1월 12일

While not super-duper comprehensive, I appreciated all the business applications and practice. Good stuff.

교육 기관: Yeasin A A

2020년 6월 14일

Well structured Course overall. but it should have more practice lessons or resources before taking quiz.

교육 기관: José R H

2019년 4월 1일

The course is excellent! It gives you knowledge that you can immediately apply in the real world. Thanks!

교육 기관: Apurwa S

2022년 8월 3일

This course cleared my concepts. The quiz was really challenging yet fun. I learnt a lot in this course.

교육 기관: Husain S

2018년 1월 2일

Good course. I completed it in while on trial period along with the first course in the specialization.

교육 기관: Nandhini A

2021년 5월 13일

Very interesting course and author has explained each concepts in-depth and well understanding manner.

교육 기관: Abhijit S

2020년 1월 26일

Thanks I got good conceptual clarity regarding normal distribution, binomial and poisson distribution.

교육 기관: Kirana N

2020년 8월 29일

The lessons are well structured and they meet my expectations. Thank you for the knowledge professor.

교육 기관: Vannessa L

2020년 11월 4일

I thoroughly enjoyed this course. Thank you instructors who made the concepts simple to understand.

교육 기관: Vishal G

2020년 5월 8일

This course provides a basic and strong foundation for statistical parameters and methods in excel

교육 기관: Klaus G

2019년 3월 13일

Very clear explanation of basic statistical concepts with very well designed quizes and exercises.

교육 기관: Nazmus S S

2018년 12월 21일

Professor Sharod Borle is a fantastic professor. I learned a lot of new concepts from this course.

교육 기관: Tom B

2017년 10월 9일

Great Introduction course. Anybody looking to study statistics should first look at this course.

교육 기관: Frank A

2021년 7월 19일

Educative, engaging and a good fit for business leaders, MBA students and Finance professionals

교육 기관: Rawson G

2021년 8월 7일

liked the way the course was structured and also liked that the pdf of the slides was provided