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Business Statistics Fundamentals

Business Statistics Fundamentals

This course is divided into 11 chapters. It starts from understanding the basic concepts of statistics like definition, types of data, branches of statistics etc.

Overview

About this Course
Data has become the most powerful tool for businesses today. Use of data has become so pervasive that you will hardly come across a sector or field where data is not used. So, whether you are a working professional, student or entrepreneur, understanding data and statistics is not an optional subject, but a vital ingredient of your success in career.

The objective of this course is to develop a strong foundation of all the important concepts of business statistics. Every concept is thoroughly explained with the help of explanatory videos and step by step calculation of example data. Also, you will get a feel of real world data analysis from the MS Excel exercises.

This course is divided into 11 chapters. It starts from understanding the basic concepts of statistics like definition, types of data, branches of statistics etc. Second chapter discusses the graphical representation of data where you will learn about different types of graphs and diagrams and also which is to be used for what kind of data. In the next few chapters, we discuss about various data analysis tools, descriptive and inferential statistics, probability, index numbers and statistical quality control.

Basic knowledge
Understanding of basic algebra and mathematical concepts

Course Information

Understanding of basic algebra and mathematical concepts

What you will learn
Basic concepts of statistics
Deep dive into important statistical tools
Art of presenting data
Using statistical tools for business decision making

Business professionals who want to learn different concepts of data analysis and presentation
Students of statistics

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Course Specifications

Find various Data Analyst courses including a diploma in data analytics

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Adult education is the non-credential activity of gaining skills and improved education. 

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Online education is electronically supported learning that relies on the Internet for teacher/student interaction. 

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A short course is a learning programme that gives you combined content or specific skills training in a short period of time. Short courses often lean towards the more practical side of things and have less theory than a university course – this gives you a more hands-on experience within your field of interest.

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Course duration is 24 hours.

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