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學生對 莱斯大学 提供的 Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions 的評價和反饋

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1,881 個評分
314 條評論

課程概述

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. To successfully complete course assignments, students must have access to Microsoft Excel. ________________________________________ WEEK 1 Module 1: Basic Data Descriptors In this module you will get to understand, calculate and interpret various descriptive or summary measures of data. These descriptive measures summarize and present data using a few numbers. Appropriate Excel functions to do these calculations are introduced and demonstrated. Topics covered include: • Categories of descriptive data • Measures of central tendency, the mean, median, mode, and their interpretations and calculations • Measures of spread-in-data, the range, interquartile-range, standard deviation and variance • Box plots • Interpreting the standard deviation measure using the rule-of-thumb and Chebyshev’s theorem ________________________________________ WEEK 2 Module 2: Descriptive Measures of Association, Probability, and Statistical Distributions This module presents the covariance and correlation measures and their respective Excel functions. You get to understand the notion of causation versus correlation. The module then introduces the notion of probability and random variables and starts introducing statistical distributions. Topics covered include: • Measures of association, the covariance and correlation measures; causation versus correlation • Probability and random variables; discrete versus continuous data • Introduction to statistical distributions ________________________________________ WEEK 3 Module 3: The Normal Distribution This module introduces the Normal distribution and the Excel function to calculate probabilities and various outcomes from the distribution. Topics covered include: • Probability density function and area under the curve as a measure of probability • The Normal distribution (bell curve), NORM.DIST, NORM.INV functions in Excel ________________________________________ WEEK 4 Module 4: Working with Distributions, Normal, Binomial, Poisson In this module, you'll see various applications of the Normal distribution. You will also get introduced to the Binomial and Poisson distributions. The Central Limit Theorem is introduced and explained in the context of understanding sample data versus population data and the link between the two. Topics covered include: • Various applications of the Normal distribution • The Binomial and Poisson distributions • Sample versus population data; the Central Limit Theorem...

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EM
2020年8月26日

This is one of the best courses i have atended since, the exercises are all related to the topic.Great job. .\n\nThanks to Mr Sharad Borle for explaining very well the content in this course .

GG
2017年8月22日

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.

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51 - Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions 的 75 個評論(共 309 個)

創建者 Joao S

2020年11月3日

well, im very satisfied with this course. i was wanting any course that show me applications of probability functions in business and it is exactly that is inside course.

創建者 Dhimant P

2020年3月7日

Learned good statistics on practical problems. I love the fact that instructor provides enough discussion so when faced with real world problems, you know how to proceed.

創建者 Kevin G

2018年7月3日

Very interesting course on the practical applications of statistics in business and other matters. Professor was very informed and made concepts easy to absorb and appl

創建者 AVIROOP B

2018年2月28日

Statistical concepts were made very clear in this course. Very useful course if someone wants to implement stats in real business scenarios. I've ENJOYED thoroughly!!

創建者 Himanshu B

2020年6月5日

Great course to understand statistics and start with Business Analytics. Builds the base with great methodology and professor is evident to be highly experienced.

創建者 Scott H

2018年5月8日

I really like Professor Borle,

He speaks very clearly and concisely.....easy to understand even for a non-technical person like me. Five claps for this class.

創建者 Padmaja D

2018年4月18日

A lot of real life examples to understand the concept clearly is extremely valuable. Its an excellent course and I have gained a lot of knowledge form this.

創建者 Priyanka P

2018年8月7日

Questions of the last week are very tricky. Would appreciate if you could provide the answers with an explanation , it would help us to understand better.

創建者 Okulalu A

2020年9月23日

It was an intensive learning process. My mind was opened to new skills .

Thank you to the facilitator, Rice University and coursera for this possibility.

創建者 Orin E

2020年10月18日

The presenter seems passionate about teach and he did a great job of explaining statistical concepts. Gives you a good overview of the topics covered.

創建者 Ravi S

2020年7月29日

The content of the course help me to increase my analytical thinking, I really like the way teacher explains the concept and his presentation style.

創建者 MADHYAM D

2020年5月10日

This course features key topics which are used in Business Analytics, and predictions using Statistical tools. Mentor's work is really meritorious

創建者 Harshit D

2020年5月9日

Mr. Sharad explained all the concept in a very student-friendly manner, cleared many concepts which weren't clear earlier. Thanks for the course.

創建者 Vipul J

2020年7月10日

Amazing course! It covers most of the topics related to Statistical Distributions. Nicely structured course with very interesting quizzes.

創建者 Jitka S

2020年3月6日

Excellent course, easy to follow. Clear explanations, practical examples and showing useful Excel functions make the course really great.

創建者 Matthew

2020年9月8日

As it often is for Coursera, it's annoying to not be able to see the answers you missed but otherwise this is a solidly-designed course.

創建者 Potukuchi N S

2020年10月30日

A must and should choose! Every person who needs to excel in Business Analysis and Statistics should definitely take up this course.

創建者 Gianina J C T

2020年8月19日

This course summarizes the most important things about the most popular Statistical Distributions very well and is very practical.

創建者 HUMEIRA

2020年5月29日

The course was very well structured and it has simplified the explanations of statistical distributions which were really helpful.

創建者 Abhijeet B

2020年4月14日

The course is very useful in understanding the basic concept of statistics and ways it may be used in different industry domains.

創建者 sutan a m

2019年3月17日

concrete example and direct application. using excel, it should be easy to conduct basic statistical analysis. I learned so much.

創建者 Kartik V

2017年12月29日

Great course, helped refresh statistics and a good refresher on various distributions. Problem application was also very helpful.

創建者 kaila v d r

2017年6月19日

Excellent coaching. I never thought understanding statistics would be easy, but Mr. sharad borle teachings are really impressive.

創建者 Andras F

2018年2月2日

I got exactly what I needed, a good and compact summary on statistical distributions that can be used in a business environment.

創建者 Linglu M

2017年5月23日

Not easy to follow, but the professor did such a good job laying out the course and explain quiz questions on discussion board!