Statistical Methods for Business Analytics

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Statistical Methods for Business Analytics

About Course

This course covers a variety of statistical concepts and how they are used in a business setting. More and more decisions that managers make in their day to day life are becoming data driven. It’s happening because of ease of accessibility of data and tools that are making it easy to fetch data and analyze it. But without proper statistical background, many people often struggle to find answers in data. Finding the answers in mean, median or mode or any specific summary statistics can often lead to erroneous results. It’s always helpful to know various alternatives and select the right one when it comes to statistical analysis. And that is what this course is about- presenting different statistical choices and help pick up the most appropriate one.

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What Will You Learn?

  • They can perform their own analysis with statistically valid results which carry much more weight than plain analysis

Course Content

Introduction

  • Introduction

Descriptive Statistics

Inferential Statistics

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