Application of Statistics in Business Analytics

Course details

This course covers a variety of statistical concepts and how they are used in a business setting. More and moredecisions that managers make in their day to day life are becoming data driven. It's happening because of ease of accessibility of data and tools that are making it easy to fetch data and analyze it. But without proper statistical background, many people often struggle to find answers in data. Finding the answers in mean, median or mode or any specific summary statistics can often lead to erroneous results. It's always helpful to know various alternatives and select the right one when it comes to statistical analysis. And that is what this course is about- presenting differentstatistical choices and helppick up the most appropriate one.