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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 176~200

교육 기관: Andy L

2020년 3월 22일

Great 'business relevant' example questions and scenarios

교육 기관: Kelechi I

2019년 5월 23일

Excellent course. Straight to the point. Great professor.

교육 기관: Pratyush K

2017년 7월 25일

Easy to grasp, good amount of practice, and well taught.

교육 기관: Yang Y

2020년 8월 31일

Learn something new on regression. Thanks to the course

교육 기관: Narges S

2020년 4월 17일

The lessons are easy but quizzes are really challenging

교육 기관: ANIKET G

2021년 12월 1일

I had a good experience by studying this course.....

교육 기관: Muskan G

2019년 12월 13일

Amazing start for basic statistics and probability

교육 기관: David L C F

2019년 4월 24일

Great course. From basic to practical application.

교육 기관: sanyam b

2020년 8월 21일

very good instructor and problems were very good

교육 기관: Ashiqur R

2021년 1월 21일

Great course to learn the basics of statistics.

교육 기관: branndon j

2021년 1월 13일

This was a tough course. Im glad its

교육 기관: Ryan S

2020년 11월 10일

VERY CHALLENGING but practical and informative

교육 기관: Machine L T

2022년 5월 17일

Pretty clear. The exercices are challenging.

교육 기관: Shilly R

2021년 6월 5일

Excellent course to apply in real businesses

교육 기관: Sanket B

2021년 3월 18일

Provides a good basic concepts understanding

교육 기관: Shashwat A

2020년 7월 25일

Interesting course with hands-on-experience

교육 기관: Hamza B

2020년 12월 12일

Very nice, i understood a lot thank you.

교육 기관: Ronald M

2020년 8월 28일

Great! Simple explanations to the topics

교육 기관: Aline C

2018년 10월 21일

well designed and useful, great course !

교육 기관: Johnson D

2018년 3월 21일

Good Course, gives a basic introduction

교육 기관: Ankit p

2021년 11월 17일

this good to get knowledge in deep way

교육 기관: Vincent N

2020년 9월 1일

Useful knowledge about the statistics!

교육 기관: JAHNAVI Z

2020년 9월 27일

Great Course with a Great instructor!

교육 기관: Jennifer R B

2020년 3월 25일

The basic college refresher I needed.

교육 기관: Wellington G S

2017년 8월 8일

Important part of the specialization.