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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1,933 個評分
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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.
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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
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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
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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
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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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226 - Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions 的 250 個評論（共 320 個）
創建者 Esther K
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2018年8月13日
Great course!
創建者 ZHOUZHOU
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2017年11月29日
Great course!
創建者 Iñigo A
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2020年8月26日
Very useful.
創建者 Pratyush A
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2020年8月1日
Good course.
創建者 Jesse M
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2020年5月2日
cool teacher
創建者 Gabriel A F G
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2020年9月20日
Buen curso.
創建者 Muhammad L b Y
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2020年6月23日
Challenging
創建者 Chirag S
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2018年4月2日
Nice course
創建者 enrique a r
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2019年2月7日
fantastic!
創建者 Gregory R G J
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2018年11月20日
Thumbs Up!
創建者 ABHISHEK K
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2021年2月18日
Excellent
創建者 Deep S
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2020年8月29日
Excellent
創建者 Hari S
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2020年7月5日
great....
創建者 Dhulipalla U
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2020年5月6日
EXCELLENT
創建者 Anurag T
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2020年6月25日
Amazing
創建者 Prof S S G
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2020年7月31日
Superb
創建者 Sun
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2018年2月17日
Easy!
創建者 Navoda M K
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2020年7月21日
good
創建者 Ruchi M
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2020年5月7日
good
創建者 jittu s
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2019年3月17日
good
創建者 Penny W
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2018年8月17日
good
創建者 Ren P
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2017年4月18日
Good
創建者 Luping L
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2017年2月15日
c
創建者 Tim S
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2016年11月20日
a
創建者 Colin P
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2018年4月10日
Good intro or refresher on how to apply apply basic statistical concepts to business problems. I can immediately apply the Poisson distribution to gain further insights at my current job. I thought the material was well presented by the speaker: spoke slowly, clearly, and didn't try to cover too much dense info. in each video segment. The quizes were a little bit of a stretch, from what was presented in the videos, but still relevant.
