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

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## 강좌 소개

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

SN

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.

GG

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 126~150

교육 기관: Navdeep B

2020년 6월 29일

This is a very good course for someone interested in learning statistics in a flawless manner.

교육 기관: Shady N

2018년 11월 26일

People with Statistics background will enjoy this course and the whole specialization as well.

교육 기관: Malla H

2022년 5월 21일

Overall excellent course with both conceptual and application point of view learning process

교육 기관: Maxim V

2022년 4월 6일

B​asic but practical statistical skills for Excel. I never knew you can do so much in Excel.

교육 기관: Suhas K

2019년 6월 1일

Topics are taught in the best possible way with hands on experience in using them real time.

교육 기관: A K

2016년 12월 23일

Looking forward to more such courses on Statistics and Probability related to Data Science.

교육 기관: Ashok M V

2020년 11월 16일

Simple illustrations and great teaching. The quiz at the end of each week is challenging.

교육 기관: Ethan O B

2017년 10월 11일

An excellent programme well delivered - really useful skills to take into business world

교육 기관: Diego F

2018년 1월 23일

I learnt the basic of data analysis and making business decisions based on the results.

교육 기관: Jonathan D A P

2020년 7월 14일

Excellent course to learn a lot about statistics in Business! It's really recommended.

교육 기관: SUHASINI A

2020년 5월 22일

I was learned more things in this course,it is very helpful for gaining more knowledge

교육 기관: 陳學穎

2018년 6월 16일

Nice course,it's not too difficult but so essential for entry-level learner to get in.

교육 기관: Pam B

2018년 1월 24일

Good intro to probabilities and forecasting. Quizzes have been improved tremendously!

교육 기관: Rishabh G

2017년 12월 9일

Nice course. Please explain little more binomial distributor and poisson distribution.

교육 기관: Mai Z

2017년 9월 24일

The theory is well explained, and the pratices on examples help to understand deeper.

교육 기관: Joaquin M D

2020년 10월 4일

Good review for basic statistics concepts. Great for learning Excel for Stat as well

교육 기관: Timothy L

2017년 11월 12일

This teacher is the best! He is able to clearly explain complex, abstract concepts!

교육 기관: Jaysing B

2020년 7월 9일

Really enjoyed all the videos. Having awesome learning with this particular course.

교육 기관: Dr. R S

2020년 9월 20일

Very Nice Course for Understanding the three Important Probability distributions.

교육 기관: REBOSURA, K J (

2021년 2월 10일

The lecturer is very understandable and likeable. Bless professors like you sir!

교육 기관: Akash C

2020년 4월 16일

A very practical and useful course, delivered in a very simple and neat manner.

교육 기관: Geet S

2017년 5월 3일

Great course! Very informative and all the concepts are very clearly explained!

교육 기관: Ricardo M

2017년 2월 2일

The lecturer is well versed in statistics and he explained complex theory in a

교육 기관: Donnette D

2021년 2월 18일

Very thorough. Helped me to understand areas I struggled with in high school