Business Applications of Hypothesis Testing and Confidence Interval Estimation に戻る

4.8
1,229件の評価
210件のレビュー

## コースについて

Confidence intervals and Hypothesis tests are very important tools in the Business Statistics toolbox. A mastery over these topics will help enhance your business decision making and allow you to understand and measure the extent of ‘risk’ or ‘uncertainty’ in various business processes. This is the third course in the specialization "Business Statistics and Analysis" and the course advances your knowledge about Business Statistics by introducing you to Confidence Intervals and Hypothesis Testing. We first conceptually understand these tools and their business application. We then introduce various calculations to constructing confidence intervals and to conduct different kinds of Hypothesis Tests. These are done by easy to understand applications. To successfully complete course assignments, students must have access to a Windows version of Microsoft Excel 2010 or later. Please note that earlier versions of Microsoft Excel (2007 and earlier) will not be compatible to some Excel functions covered in this course. WEEK 1 Module 1: Confidence Interval - Introduction In this module you will get to conceptually understand what a confidence interval is and how is its constructed. We will introduce the various building blocks for the confidence interval such as the t-distribution, the t-statistic, the z-statistic and their various excel formulas. We will then use these building blocks to construct confidence intervals. Topics covered include: • Introducing the t-distribution, the T.DIST and T.INV excel functions • Conceptual understanding of a Confidence Interval • The z-statistic and the t-statistic • Constructing a Confidence Interval using z-statistic and t-statistic WEEK 2 Module 2: Confidence Interval - Applications This module presents various business applications of the confidence interval including an application where we use the confidence interval to calculate an appropriate sample size. We also introduce with an application, the confidence interval for a population proportion. Towards the close of module we start introducing the concept of Hypothesis Testing. Topics covered include: • Applications of Confidence Interval • Confidence Interval for a Population Proportion • Sample Size Calculation • Hypothesis Testing, An Introduction WEEK 3 Module 3: Hypothesis Testing This module introduces Hypothesis Testing. You get to understand the logic behind hypothesis tests. The four steps for conducting a hypothesis test are introduced and you get to apply them for hypothesis tests for a population mean as well as population proportion. You will understand the difference between single tail hypothesis tests and two tail hypothesis tests and also the Type I and Type II errors associated with hypothesis tests and ways to reduce such errors. Topics covered include: • The Logic of Hypothesis Testing • The Four Steps for conducting a Hypothesis Test • Single Tail and Two Tail Hypothesis Tests • Guidelines, Formulas and an Application of Hypothesis Test • Hypothesis Test for a Population Proportion • Type I and Type II Errors in a Hypothesis WEEK 4 Module 4: Hypothesis Test - Differences in Mean In this module, you'll apply Hypothesis Tests to test the difference between two different data, such hypothesis tests are called difference in means tests. We will introduce the three kinds of difference in means test and apply them to various business applications. We will also introduce the Excel dialog box to conduct such hypothesis tests. Topics covered include: • Introducing the Difference-In-Means Hypothesis Test • Applications of the Difference-In-Means Hypothesis Test • The Equal & Unequal Variance Assumption and the Paired t-test for difference in means. • Some more applications...

## 人気のレビュー

AU

2020年5月5日

The statistical concepts and methods are very well explained in an easy to understand manner. Good examples are given to demonstrate application of the cocepts and methods in business environment.

M

2020年8月20日

This course was very useful for me. We have learnt many interesting things of statistics like t statistic, t distribution, z statistics, confidence interval, sample proportion, hypothesis etc.

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## Business Applications of Hypothesis Testing and Confidence Interval Estimation ： 26 - 50 / 210 レビュー

by Brian B

2020年5月7日

Great Class. The lectures are clear and well done. The quizzes and tests are relevant, fun and I'm enjoying the challenge. The courses have been a welcomed activity during the Coronavirus crisis..thanks.

by Asmat u

2020年5月6日

The statistical concepts and methods are very well explained in an easy to understand manner. Good examples are given to demonstrate application of the cocepts and methods in business environment.

by Patara K

2020年8月19日

Very clear explanation with short context by the lecturer and provide a very useful and usable for my professional career. Thank you so much for created this good courses and specialization.

by Stacy K

2020年11月27日

I am very thankful for taking this course. Thank you for the Dr. teaching this Course. I have learnt a lot new things that I didn't know how to do in Excel, I loved hypothesis Testing !

by Carlos J B A

2019年6月9日

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.

by Anubha J

2022年5月31日

It is an excellent course for learning statistical analysis through excel. It explains the concept of confidence interval and hypothesis testing in a simple and easy manner.

by Daniela M

2020年6月10日

Very useful course, before taking it I had troubles understanding some things about the t tests and with a lot of problems to formulate hypothesis. Now it is crystal clear.

by Shady N

2018年11月26日

I am from Applied Statistics background, and I used to do these tests by hands. I really have enjoyed doing them on Excel as well. Thanks for this amazing course! :)

by Saurav K

2020年5月20日

IT's amazing everyone can do as it covers all the basics from scratch so i will recommend to all who wants to get a carrier in business statistics and analysis.

by Ameya A K

2020年7月22日

Sharad Sir Rocks!!!

Cleared concepts about confidence interval pending from last so many years and now 99% confident to teach this topic !

Lucid Explanation!

by Ann A o

2021年11月20日

i really enjoyed learning this topic. some areas might have been a bit challenging but the teacher did an excellent job at explaining everything in detail.

by Theophilus A

2020年8月31日

Great knowledge received from Prof Borle. I am truly grateful for the easy and elaborate explanations to make the course really understandable. Thank you.

by Vipul J

2020年7月31日

Amazing course and it covers everything about hypothesis testing that one needs to know and it has been explained without going too deep in the concept.

by Bonnie A K

2021年10月4日

I felt this course was organized well and easy to follow with helpful examples and exercises. The instructor paces well and provides good explanations.

by DEEPTI C

2019年1月12日

Course is very well organized and the concepts are explained in a very simple and effective way.

The weekly exercises provide a good hands on practice.

by Saiful R

2020年9月29日

Saya belajar banyak tentang Hypothesis Testing dan penerapnnya dalam bisnis, materi dan praktik dengan excel disampaikan dengan baik dan terstruktur.

by Bhavin C

2019年11月19日

Great job in simplifying the explanation of paired t-tests. I had studied it before but did not fully understand it till after taking this course.

by ARVIND K S

2019年3月15日

Probably the best course on confidence intervals and hypothesis testing. A must for all engineering and management students and managers.

by Mohammad R

2021年1月6日

Wonderful insight into the excel applications of statistics and increased my confidence. Looking forward to attending all the courses.

by Sidhyant K U

2020年5月25日

This course is Well designed to know about hypothesis testing and its application in real life. But you need to have prior knowledge.

by joash d

2021年3月7日

well explained well articulated, course era you are my heroes, i have been taught with the best during the lessons i just love it

by Amit S

2020年6月22日

One of the best courses for learning applications of Statistics on the real-world with examples taken from real-world scenarios.

by Gabriel A F G

2020年9月22日

Muy buen curso, explica de manera concisa los fundamentos de cada método aplicado y luego muestra y explica ejemplos reales.

by Siddharth S

2018年1月22日

Great course to master inferential statistics. Learnt a lot in this course and will be applying the learnings in the future.

by Oliver W

2018年1月28日

An incredibly good course. Having studied business statistics years ago I needed a refresher and this was just the ticket.