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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

4.7
1,925 個評分
325 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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301 - Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions 的 320 個評論(共 320 個)

創建者 Vipin J

2021年1月9日

Good course

創建者 Angel S

2018年10月26日

excellent!

創建者 Eduardo S M

2020年8月23日

perfecto

創建者 Alejandra H

2018年3月8日

Very goo

創建者 Catherine

2020年10月31日

awesome

創建者 خالد م

2020年3月29日

great!

創建者 Nichole D

2019年4月1日

The class was great. I learned a lot and the material was easy to follow. The only thing that was unfortunate was the lack of engagement on the discussion boards from the class, and more so the professors. I commented in week 1 and it took over a week for a reply. I stopped participating because the forums were months old since the last post. My other courses were so much more involved. I value the discussion boards which is why this class receives less stars.

創建者 Nitish A

2018年2月2日

It was a well explained course, but I believe the course should have been more extensive. Also, the reading material was exactly the same as the slides the professor already presented in the video but still have been allotted independent reading times. It feels like a topic spread out as a course.

創建者 230_Subhodeep S

2021年2月11日

The questions were not clear and very confusing. I have been enrolling into so many courses but this one was a not up to the mark. If you want to study Business Statistics you can go for Business Analytics by UpGrad. I think there you will have a better experience compared to this one.

創建者 Courtney G

2017年6月22日

Overview of normal distribution was much more comprehensive than the discrete distributions. More time/attention could have been given to explaining the concepts behind the two discrete distributions in order to use them in a practical context (i.e., business application questions).

創建者 Noel E D

2018年5月6日

I wish there were more business cases and deep dives. I found the content a bit short and lacking. It did however introduce the concepts well and allowed me to understand much better material googled elsewhere

創建者 Prachi M

2019年7月8日

binom.inv is not explained. Also, determining the number of trials needed for a specific probability is not explained as asked in the test for week 4

創建者 Davida C

2017年9月22日

A bit too technical for me. I really just needed to master Excel, and I got that from Part 1 of the course.

創建者 Anza T

2020年4月14日

the questions were tricky

創建者 Renu M

2019年3月17日

Too much focus on the excel functions. I had to use supporting materials to understand the concepts better so that the excel application can be put into context.

創建者 Lyn S

2017年8月10日

Using the internet and its loads of detailed info and teachings to support this learning. Just wading thru this to get the certificate.

創建者 Albert C

2019年2月21日

Too basic, not enough of actual Excel usage

創建者 Daniel C

2020年11月3日

Very difficult course

創建者 Timothea N S E

2020年5月4日

barely any explanations when answer is wrong.

創建者 Mindaugas

2020年10月25日

bulshit