Data Science for Business Professionals
$99
4.5 (1725)
Rated 4.5 out of 5
Duration
2 Weeks (30+ Lessons) at 4-5 Hours/Week
Business Statistics for Data Analysts
Decipher the Language of Data by Harnessing Statistical Competencies.
Craft beginner level expertise in analyzing and interpreting data for sound business decision making
Course Length
4 Weeks
Effort
4 Hours/ Week
100% Online
With Continuous Learning Community support + Monthly Live Webinars
Learning Access
Resource Toolkit & Templates + Unlimited Networking Events
What will you Learn?
- Get business statistics training and gain the ability to apply statistical tools to applications
- Data analytics certification will help you develop critical thinking and analytic skills
- A business statistics course that teaches data summarization and presentation
Key Topics Covered
- Generate hypothesis for a one-way analysis of variance
- Apply Chi-Square Tests and ANOVA in Business Scenarios
- Data grouping mechanisms
- Understand the fundamentals of statistics
- Perform hypothesis testing
- Master the foundations of data science, statistics, and machine learning
- Calculate correlation and covariance
- Probabilistic approaches
- Types of Probabilities
- Determine patterns or motive of the data
- Uncover anomalies in data
Course Content
Chapter 1 - Descriptive Statistics
Introduction
Statistical Learning vs Machine Learning
Datatypes
Why data types are important
Data Grouping
Data summarization techniques
Measures of location, spread, and shape
Visual representation of summarized data
Summary
Additional Learning Resources
Chapter Quiz
Statistical Learning vs Machine Learning
Datatypes
Why data types are important
Data Grouping
Data summarization techniques
Measures of location, spread, and shape
Visual representation of summarized data
Summary
Additional Learning Resources
Chapter Quiz
Chapter 2 - Probability
Introduction to Probability?
Probability and Business decisions
Deterministic and Probabilistic models
3 types of the probabilistic approach
Understanding basic terminologies 1
Measuring outcomes
Understanding probability through Venn diagrams
Understanding basic terminologies 2
Types of probability
Conditional law
Laws of probability
Probability distributions
Binomial distribution
Poisson distribution
Continuous distributions
Uniform distribution
Normal distribution
t – distribution
Choosing an appropriate distribution
Summary
Additional Learning Resources
Chapter Quiz
Probability and Business decisions
Deterministic and Probabilistic models
3 types of the probabilistic approach
Understanding basic terminologies 1
Measuring outcomes
Understanding probability through Venn diagrams
Understanding basic terminologies 2
Types of probability
Conditional law
Laws of probability
Probability distributions
Binomial distribution
Poisson distribution
Continuous distributions
Uniform distribution
Normal distribution
t – distribution
Choosing an appropriate distribution
Summary
Additional Learning Resources
Chapter Quiz
Chapter 3 - Inferential Statistics
Inferential Statistics
Key concepts and vocab
Probability & Non-Probability sampling
Sampling distribution and CLT theorem
Estimating population parameters
Confidence levels and Confidence Intervals
Hypothesis testing
Null and Alternate hypothesis
Significance levels
2 methods to test significance
Applying significance levels to decision making
Chi-square test and their applicability in business scenarios
One way ANOVA and their applicability in business scenarios
Summary
Additional Learning Resources
Chapter Quiz
Key concepts and vocab
Probability & Non-Probability sampling
Sampling distribution and CLT theorem
Estimating population parameters
Confidence levels and Confidence Intervals
Hypothesis testing
Null and Alternate hypothesis
Significance levels
2 methods to test significance
Applying significance levels to decision making
Chi-square test and their applicability in business scenarios
One way ANOVA and their applicability in business scenarios
Summary
Additional Learning Resources
Chapter Quiz
What Learners Say About Our Program
Ideal For
- Individuals seeking a career in Data Science, Business Intelligence, or Business Analysts.
- Professionals keen to learn Statistics and its applications in the business world.
- Beginners looking to build a strong grounding in data understanding.
- Industry professionals desirous of mastery of statistical fundamentals.
Preparing you for Global Certification
Get an Industry accepted Business Statistics for Data Analysts certification from IPL that enhances your professional equity and bolsters your career profile.
Common Scenarios to Enroll
"Statistics provide managers with more confidence in dealing with uncertainty in spite of the flood of available data, enabling managers to more quickly make smarter decisions and provide more stable leadership to staff relying on them."
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Worth $200
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