EdX

Introduction to Data Science and Basic Statistics for Business (edX)

Introduction to Data Science and Basic Statistics for Business (edX)

In this course you will acquire statistical methods for decision making in business, as well as technological tools to develop quantitative skills. Areas such as " big data" require very clear knowledge of statistics and business, technology provides us various applications that require solid training in statistics for proper use and interpretation .

Class Deals by MOOC List - Click here and see EdX's Active Discounts, Deals, and Promo Codes.

This course allows you to develop skills of a decision maker leader based on the following competencies:

  • analysis of statistical elements of information
  • concepts and statistical foundations for the application of the area of data science

Through descriptive statistics, the study and analysis of discrete and continuous probability distributions, as well as the estimation by intervals for the mean and the proportion, it is how you will be able to develop both skills.
This course is part of the Essential quantitative business skills Professional Certificate.

What you'll learn
Through this course, participants will be able to:

  • Apply basic statistical methods to the business environment
  • Use technological tools to develop quantitative skills
  • Interpret the results of statistical methods applied to businesses

Syllabus

Topic 1: Descriptive statistics
1.1 Types of data; Measurement scales; Organization of qualitative and quantitative data; Graphic representation;
1.2 Measures of central tendency; Position measurements; Measures of dispersion; Descriptive statistics on your laptop
Topic 2: Discrete Probability Distributions
2.1 Discrete random variable; Density and cumulative probability functions; Mean and variance of a discrete random variable; Fundamental properties;
2.2 Poisson distribution ; Binomial Distribution
Topic 3: Continuous Probability Distributions
3.1 Continuous random variable; Density and cumulative probability functions; Mean and variance of a continuous random variable; Fundamental properties;
3.2 Uniform Distribution; Normal distribution
Topic 4: Interval estimation for the mean and proportion
4.1 Confidence intervals calculation; Calculation of sample size required for a given estimation error;
4.2 Student's t distribution.

Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

Introduction to Bookkeeping (edX) EdX
ACCA

Introduction to Bookkeeping (edX)

Start learning at your own pace to get a qualification and a career in business and finance, with this introduction level course from ACCA-X. Interested in a career in accounting? Want to stand out from the crowd? Look no further, this is the place to start. As accounting is so integral to the successful running of a business, the Introduction to Bookkeeping course is designed to arm you with the fundamentals you need to grasp the basic concepts underpinning accounting.

Self Paced
Self-Paced
Statistical Inference and Modeling for High-throughput Experiments (edX) EdX
HarvardX,Harvard University

Statistical Inference and Modeling for High-throughput Experiments (edX)

A focus on the techniques commonly used to perform statistical inference on high throughput data. In this course you’ll learn various statistics topics including multiple testing problem, error rates, error rate controlling procedures, false discovery rates, q-values and exploratory data analysis. We then introduce statistical modeling and how it is applied to high-throughput data. In particular, we will discuss parametric distributions, including binomial, exponential, and gamma, and describe maximum likelihood estimation.

Self Paced
Self-Paced
Financial Accounting Made Fun: Eliminating Your Fears (edX) EdX
Babson College

Financial Accounting Made Fun: Eliminating Your Fears (edX)

Learn the language of financial accounting and how to use financial statement information to better manage and grow your business. Are financial statements a mystery to you? Do all those terms and metrics make your head spin? Do you avoid conversations with your finance leaders because you are not confident of your finance ability?

Self Paced
Self-Paced
IT Fundamentals for Business Professionals: Enterprise Systems (edX) EdX
Universitat Politècnica de València,UPValenciaX

IT Fundamentals for Business Professionals: Enterprise Systems (edX)

Working with Information Technology (IT) without the necessary background? Learn the fundamentals of Information Systems in a corporate environment. This course is one of the 5 courses of an introductory business information systems series, designed to introduce you to the amazing world of Information Technology.

Self Paced
Self-Paced
Intermediate Bookkeeping (edX) EdX
ACCA

Intermediate Bookkeeping (edX)

Get business-ready and prepare for a qualification by building your finance and accountancy skills with this course from ACCA-X. Did you enjoy the Introduction to Bookkeeping course? Want to delve deeper into the realms of Financial Accounting? Or do you already have some prior knowledge of Bookkeeping and are simply looking to expand your knowledge base? Then this course is perfect for you.

Self Paced
Self-Paced
Innovating in Health Care (edX) EdX
HarvardX,Harvard University

Innovating in Health Care (edX)

Find innovation opportunities in health care technology, management, consulting, or investing by examining health care cost, quality, and access. Health care spending, quality, and access continue to plague America and global nations alike. With U.S. health care costs trending toward $4 trillion in 2020, the need to innovate and create smart, viable business plans is more important than ever before. Innovating in Health Care (IHC) explores how creating successful global business ventures in health care will not only improve access, but also better meet the needs of consumers and societies.

Self Paced
Self-Paced
Customer-Centric Innovation (edX) EdX
RWTH Aachen,RWTHx

Customer-Centric Innovation (edX)

Learn to take on competition by creating successful and innovative ideas for your business through a thorough understanding of your customers’ needs. Addressing the needs of your customers is the core factor of managing innovation successfully. Exactly this is the task of the first stages of an innovation project. In this course, you will learn about key concepts and methods of generating customer-centric business ideas and innovative concepts.

Self Paced
Self-Paced
English for Doing Business in Asia - Writing (edX) EdX
The Hong Kong University of Science and Technology - HKUST,HKUSTx

English for Doing Business in Asia - Writing (edX)

Introducing strategies for developing your written English communication skills in the context of doing business in Asia. The use of English for doing business in multinational settings is a fact of life for many business people. And, as Asian economies expand and become more involved in the global economy, having the ability to write clear and concise English is important when exchanging information.

Self Paced
Self-Paced
Finance for Everyone: Smart Tools for Decision-Making (edX) EdX
University of Michigan,MichiganX

Finance for Everyone: Smart Tools for Decision-Making (edX)

In this introduction to finance course from Michigan learn to apply frameworks and smart tools for understanding and making everyday financial decisions. Want to learn how to think clearly about important financial decisions and improve your financial literacy? Finance for Everyone will showcase the beauty and power of finance. This introductory finance course will be a gateway into the world of finance and will examine multiple applications to apply to your everyday life. Join us to better understand how to apply frameworks and tools to make smart financial choices.

Self Paced
Self-Paced
Master Control in Supply Chain Management and Logistics (edX) EdX
Chalmers University of Technology,ChalmersX

Master Control in Supply Chain Management and Logistics (edX)

Boost your logistics skills in this hands-on course on how to master and control your supply chain to enhance your organisation’s productivity. Logistics and supply chain structures can be found in virtually any system. A supply chain is a complex environment with a multitude of forces and variables with various degrees of dependence. Unforeseen events are frequent and in order to achieve a competitive supply chain, constant supervision is needed.

Self Paced
Self-Paced
An Introduction to Credit Risk Management (edX) EdX
Delft University of Technology,DelftX

An Introduction to Credit Risk Management (edX)

What is credit risk? Why is it so important, in modern economies, to correctly deal with it? This course combines theory with practice to answer these questions. Imagine that you are a bank and a main part of your daily business is to lend money. Unfortunately, lending money is a risky business - there is no 100% guarantee that you will get all your money back. If the borrower defaults, you will face losses in your portfolio.

Self Paced
Self-Paced