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

4.7
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2,286개의 평가
389개의 리뷰

## 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 386개 리뷰 중 251~275

교육 기관: Isabel

2017년 5월 31일

Good explanations

교육 기관: Xin G

2017년 3월 3일

Useful for excel!

교육 기관: Thalari A

2022년 5월 17일

super experience

교육 기관: Mubarak A M

2021년 11월 17일

Excellent course

교육 기관: Sofie W

2021년 9월 29일

it was educative

교육 기관: Joash D

2021년 2월 24일

exceptional work

교육 기관: Shubham C

2020년 9월 12일

Nice explanation

교육 기관: Me

2020년 6월 27일

Very Good Course

교육 기관: Venkatesan J

2020년 6월 27일

Excellent Course

교육 기관: Ankita

2018년 7월 19일

Excellent course

교육 기관: INDRANI M

2021년 8월 30일

G​reat learning

교육 기관: THUNYAPAT T

2020년 6월 20일

great course!!!

교육 기관: Edilson S

2019년 5월 26일

Amazing Course!

교육 기관: William B

2017년 5월 30일

Amazing course!

교육 기관: Pratibha k

2022년 3월 13일

well explained

교육 기관: Kriti A

2021년 9월 16일

Amazing course

교육 기관: Vipul R G

2020년 7월 5일

Thank you Prof

교육 기관: Uchenna V O

2020년 4월 14일

Very organised

교육 기관: Jyothi

2020년 2월 24일

Good Learning!

교육 기관: Akash P

2018년 10월 14일

Super teaching

교육 기관: Wendy N

2018년 4월 18일

GREAT COURSE!!

교육 기관: Manuel G P G

2020년 11월 6일

Great course!

교육 기관: Esther K

2018년 8월 13일

Great course!

교육 기관: ZHOUZHOU

2017년 11월 29일

Great course!

교육 기관: Iñigo A

2020년 8월 26일

Very useful.