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.
- 5 stars
- 4 stars
- 3 stars
- 2 stars
- 1 star
BASIC DATA DESCRIPTORS, STATISTICAL DISTRIBUTIONS, AND APPLICATION TO BUSINESS DECISIONS からの人気レビュー
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.
This course was great. Although the concepts introduced are complex, the instructor breaks them down and gives relatable, real-world style examples to easily explain the application.
A rewarding experience because I have been able to learn very valuable information. It is an excellent course. It has helped me in the personal and professional field. Thank you.
Loved studing and learning about normal distributions, continuous vs discrete data and how to estimate probabilities by different distributions approach. Learning is fascinating
I personally loved it!! Coming from a technical background, it really helped me to understand how we can apply the concepts and techniques to real world/practical problems.
A truly fascinating course. Keep in mind, this is an introductory course, and it is very useful for either refreshing your memory, or teach something useful and practical.
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.
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
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!!
I would like to go further in depth of the course for better understanding. I think I have got the topic but still far from understanding its business application.
I really like Professor Borle,\n\nHe speaks very clearly and concisely.....easy to understand even for a non-technical person like me. Five claps for this class.
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.
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.
the content of the course is well organized and clearly explained, but i am wondering whether the formula derivation is important to know or not.
The course was very well structured. It helped a lot in understanding the basics of all the distribution and using them efficiently in excel!
Excellent course, easy to follow. Clear explanations, practical examples and showing useful Excel functions make the course really great.
concrete example and direct application. using excel, it should be easy to conduct basic statistical analysis. I learned so much.
Excellent coaching. I never thought understanding statistics would be easy, but Mr. sharad borle teachings are really impressive.
Great course, helped refresh statistics and a good refresher on various distributions. Problem application was also very helpful.
Not easy to follow, but the professor did such a good job laying out the course and explain quiz questions on discussion board!
Business Statistics and Analysis専門講座について