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Course Duration: 1 Hours
Course Instructor: Abhishek Kumar
The ability to understand and apply Business Statistics is becoming increasingly important in the industry. A good understanding of Business Statistics is required to make correct and relevant interpretations of data. Lack of this 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.
Course Contents include:
Basic Data DescriptorsCategories of descriptive dataMeasures of central tendencyMeasures of DispersionStandard deviation measure and Chebyshev’s theoremDescriptive Measures of Association, Probability, and Statistical DistributionsMeasures of association, the covariance and correlation measuresCausation versus correlationProbability and random variablesDiscrete versus continuous dataIntroduction to statistical distributionsThe Normal DistributionWorking with Distributions, Normal, Binomial, PoissonApplications of the Normal distributionThe Binomial and Poisson distributionsSample versus population dataCentral Limit Theorem
Welcome to this course
Who this course is for:
Data scientists, Business analysts, statistics students