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Statistics Fundamentals

This course provides an introduction to statistics concepts and the practices used in statistical analysis in business. This course also teaches how to leverage and analyze spreadsheets.

 

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Statistics Fundamentals

  • Learn how to analyze, summarize, leverage spreadsheets
  • Practice displaying data to guide business decisions
  • Explore Probability Theory and the Normal Distribution Model
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What's Included:

  • Topic-specific courses to reinforce the content you need
  • On-demand classes taught by experts
  • Course content approved by business school professors
  • Lessons based on real-world business scenarios
  • Quizzes and assessments that test subject mastery
  • 24/7 accessibility on mobile and desktop

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Cover all the key topics in Finance, Accounting, and Statistics. With the Business Fundamentals bundle, you get access to all three courses for the price of two.

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You Will Learn To:

  1. Develop fluency with the basic language of statistics.
  2. Present and describe quantitative and categorical data distributions using appropriate visualizations and summaries.
  3. Describe and employ appropriate sampling techniques.
  4. Analyze and critique elements of experimental design.
  5. Compute and interpret theoretical probabilities, including those derived from normal distributions.
  6. Evaluate and critique business case studies using the tools of statistics.

Statistics Fundamentals Course Topics

The Descriptive Statistics portion of this course sets the groundwork of what Statistics is and how we talk about it.  The topic begins with an introduction to the basics of data and the vocabulary of Statistics before moving on to the numerous ways we can describe, display, and categorize Statistical data.

The second topic of this course dives into greater detail on some of the key tools we make use of in the field of Statistics.  Learners will be introduced to the concept of randomness and the ramifications of it to the study of Statistics as well as the ways we can work with and control it when performing statistical calculations.  This leads into a discussion of how we define experiments in the field of Statistics along with when and how to set them up.

The final topic of our Statistics course is a discussion of probability theory, which is a foundational concept to the field.  After we set the groundwork with the basics of probability and the tools we have to calculate it, students will learn how to identify random variables and perform calculations using them, before we conclude our discussion by introducing the Normal Model.