Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions
Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions is a course that ranks 6th on the list of the best online studentized residual courses. 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. 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.
By the end of this course, you will learn:
- Get to understand, calculate and interpret various descriptive or summary measures of data
- See various applications of the Normal distribution and Fish distribution
- Understand the notion of causation versus correlation
This course offers:
- Flexible deadlines: Reset deadlines based on your availability.
- Earn a Certificate upon completion
- 100% online
- Course 2 of 5 in the Business Statistics and Analysis specialization
- Approximately 9 p.m. to finish
- Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
Coursera Rating: 4.7/5
Enroll here: https://www.coursera.org/learn/descriptive-statistics-statistical-distributions-business-application
