Business Analytics & Statistics with MS Excel

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Business Analytics & Statistics with MS Excel

About Course

After completing this course you will be able to:

  • Understand how to formulate a business problem as an analytics problem
  • Summarize business data into tables and charts to communicate information effectively
  • Make predictive machine learning model to predict business outcomes
  • Use statistical concepts to reach business decisions
  • Interpret the results of statistical models for formulating strategy

How this course will help you?

A Verifiable Certificate of Completion is presented to all students who undertake this course on Statistics for Business Analytics in Excel.

If you are a business manager, or business analyst or an executive, or a student who wants to learn Statistics concepts and apply analytics techniques to real-world problems of the Business business function, this course will give you a solid base for Statistics and Analytics by teaching you the most popular Business analysis models and how to implement it them in MS Excel.

Why should you choose this course?

I believe in teaching by example. This course is no exception. Every Section’s primary focus is to teach you the concepts through how-to examples. Each section has the following components:

  • Theoretical concepts and use cases of different Statistical models required for evaluating business models
  • Step-by-step instructions on implementing business models in MS Excel
  • Downloadable Excel files containing data and solutions used in MS Excel
  • Class notes and assignments to revise and practice the concepts in MS Excel

The practical classes where we create the model for each of these strategies are something that differentiates this course from any other course available online.

What makes us qualified to teach you?

The course is taught by Abhishek (MBA – FMS Delhi, B. Tech – IIT Roorkee) and Pukhraj (MBA – IIM Ahmedabad, B. Tech – IIT Roorkee). As managers in the Global Analytics Consulting firm, i have helped businesses solve their business problems using Analytics and we have used our experience to include the practical aspects of analytics in this course. We have in-hand experience in Business Analysis and MS Excel.

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What Will You Learn?

  • Learn the concepts of Probability and statistics required for making business decisions
  • Use concept of Statistical inference to make statistics-based judgement of business scenarios
  • Knowledge of all the essential Excel formulas required for Business Analysis
  • Implement predictive ML models such as simple and multiple linear regression to predict outcomes to real world problems
  • Knowledge of data-related operations such as calculating, transforming, matching, filtering, sorting, and aggregating data
  • Learnr important probability distributions such as Normal distribution, Poisson distribution, Exponential distribution, Binomial distribution etc
  • Solve business case-studies with Excel's data analytics tools such as solver, goal seek, scenario manager, etc
  • Learn about important data processing topics like outlier treatment, missing value imputation, variable transformation, and correlation.

Course Content

Introduction

  • Welcome to the course
  • Course resources

Excel for data analytics

Introduction to probability

Probability distribution concepts

Types of discreet probability distribution

Types of continuous probablity distribution

Statistical Inference

Hypothesis Testing

Optimizing business models

Solving a Transportation problem

Comprehensive Interview Preparation Questions

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