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学生对 Rice University 提供的 Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions 的评价和反馈

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课程概述

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. ________________________________________ 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 ________________________________________ 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 ________________________________________ 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 ________________________________________ 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...

热门审阅

SA

Oct 17, 2021

The course was fun and easy to follow through and i liked that when encountered with problem there is a discussion forum where facilitators and fellow students helped in solving it.thank you professor

SN

Aug 20, 2021

T​his was a really enjoyable course, but challenging too. I struggled a bit with the final assignment, but nailed it in the end. My statistical knowledge base has indeed been enhanced by this course.

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201 - Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions 的 225 个评论（共 435 个）

创建者 Hamza B

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Dec 12, 2020

Very nice, i understood a lot thank you.

创建者 Ronald M

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Aug 28, 2020

Great! Simple explanations to the topics

创建者 Aline C

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Oct 21, 2018

well designed and useful, great course !

创建者 Johnson D

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Mar 21, 2018

Good Course, gives a basic introduction

创建者 Ankit P

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Nov 17, 2021

this good to get knowledge in deep way

创建者 Vincent N

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Sep 1, 2020

Useful knowledge about the statistics!

创建者 VIJAY Y (

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Sep 3, 2022

Very Usefull and informative course.

创建者 JAHNAVI Z

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Sep 26, 2020

Great Course with a Great instructor!

创建者 Jennifer R B

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Mar 25, 2020

The basic college refresher I needed.

创建者 Wellington S

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Aug 8, 2017

Important part of the specialization.

创建者 Penny M

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Jul 1, 2022

Excellent presentation of materials.

创建者 Helen S

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Dec 27, 2021

第一次通过Excel的方式重新学习统计学，老师的讲解通俗易懂，非常感谢！

创建者 Chothani S

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Sep 28, 2020

I have learend business data anaysis

创建者 Sidhyant K U

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May 12, 2020

Well explained and designed course.

创建者 Oladapo O

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Mar 8, 2017

Lessons learned are very impactful.

创建者 Sean M

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Dec 4, 2016

Great course Even better Instructor

创建者 Manmohan K

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Oct 22, 2021

It is good platform for beginners.

创建者 Emil R

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Nov 28, 2018

Great course. Excellent Instructor

创建者 Mayank A

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Jun 16, 2018

Explained in a very easy language.

创建者 Hamilton C

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Oct 15, 2017

Great introductiont to Statistics.

创建者 Siddhant K S

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May 20, 2024

Exceptionally well taught course.

创建者 Aditya V

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Oct 24, 2021

gain good information about stata

创建者 Bola M

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Jan 13, 2020

Great course. Highly informative.

创建者 Harshavardhan S R

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Dec 3, 2017

It was excellent and very useful.

创建者 Jason B

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Jun 11, 2018

Very Challenging and Informative