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.
Este curso forma parte de Programa especializado: Business Statistics and Analysis
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Prueba Coursera para negociosHabilidades que obtendrás
- Statistics
- Statistical Analysis
- Normal Distribution
- Poisson Distribution
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Prueba Coursera para negociosOfrecido por
Programa - Qué aprenderás en este curso
Basic Data Descriptors
Descriptive Measures of Association, Probability, and Statistical Distributions
The Normal Distribution
Working with Distributions (Normal, Binomial, Poisson), Population and Sample Data
Reseñas
- 5 stars78,85 %
- 4 stars18,06 %
- 3 stars2,36 %
- 2 stars0,50 %
- 1 star0,21 %
Principales reseñas sobre BASIC DATA DESCRIPTORS, STATISTICAL DISTRIBUTIONS, AND APPLICATION TO BUSINESS DECISIONS
I would like to go further in depth of the course for better understanding. I think I have got the topic but still far from understanding its business application.
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.
This course was great. Although the concepts introduced are complex, the instructor breaks them down and gives relatable, real-world style examples to easily explain the application.
I personally loved it!! Coming from a technical background, it really helped me to understand how we can apply the concepts and techniques to real world/practical problems.
Acerca de Programa especializado: Business Statistics and Analysis

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