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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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1,930 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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126 - Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions 的 150 個評論(共 320 個)

創建者 Geet S

2017年5月3日

Great course! Very informative and all the concepts are very clearly explained!

創建者 Ricardo M

2017年2月2日

The lecturer is well versed in statistics and he explained complex theory in a

創建者 Donnette D

2021年2月18日

Very thorough. Helped me to understand areas I struggled with in high school

創建者 Mohammed T C

2020年5月16日

Excellent Course with 100% practical based learning. Learned a lot. Thanks

創建者 Lalit J

2018年10月30日

Love the way course was designed and the way example problems were solved.

創建者 John D I

2018年8月28日

Great course and great instructor. Very clear explanations of each topic.

創建者 Mohammad M

2016年11月5日

One of the most practical courses in business analytic I've ever enrolled.

創建者 José A G

2018年2月7日

Excelente curso para aprender los principios básicos del manejo de datos.

創建者 Dr C S B

2020年5月9日

Nice course planned. And excellent explanation by the course instructor.

創建者 Patrick W

2020年10月17日

It wasn't easy for me but I was able to manage through. Learned a lot.

創建者 Shittu I

2019年1月14日

Absolutely a powerful and awesome course.

Thank you for this opportunity

創建者 Charles E

2019年11月24日

Very good course with well structured course materials and assessments

創建者 Elsayed k

2019年12月17日

very useful and insightful content, I really liked the instructor.

創建者 Víctor D B A

2020年10月17日

Excellent course, the professor explain very well in short videos

創建者 Kumar R

2020年7月19日

Nice to have the professor explanations with a good presentation.

創建者 Krishna B

2020年4月11日

It has been always nice learning under the professor. Thanks Sir.

創建者 Hector M F

2020年2月12日

Very informative course! I learned a great deal about statistics!

創建者 Atis R

2019年2月11日

It was a very good Excel and statistics refersher course for me.

創建者 张悦

2019年1月10日

very helpful if you actually think about all the things learned.

創建者 AJETUNMOBI O

2020年11月3日

The course has application in my day to day business activities

創建者 Jaime M

2017年9月6日

Great course to identify and analyse statistical distributions.

創建者 Shadrack B

2016年12月11日

Absolutely great course. Learnt a lot of useful information.

創建者 Andy L

2020年3月22日

Great 'business relevant' example questions and scenarios

創建者 Kelechi I

2019年5月23日

Excellent course. Straight to the point. Great professor.

創建者 Pratyush

2017年7月25日

Easy to grasp, good amount of practice, and well taught.