Statistics for MBA Business statistics explained by example
- Development
- Mar 31, 2025

Statistics for MBA/ Business statistics explained by example, available at $64.99, has an average rating of 4.5, with 110 lectures, 9 quizzes, based on 386 reviews, and has 2471 subscribers.
You will learn about By the end of this course, you should become very comfortable with popular concepts of statistics You should know the genesis of popular statistical concepts You should know how you apply it in business problem You should have the required course material for referral This course is ideal for individuals who are MBA Students or Statistics professionals or Statistics students or Analytics professionals or Data analytics folks or IT folks, Reporting Engineers who want to build their career into analytics or statistical analysis / market research It is particularly useful for MBA Students or Statistics professionals or Statistics students or Analytics professionals or Data analytics folks or IT folks, Reporting Engineers who want to build their career into analytics or statistical analysis / market research.
Enroll now: Statistics for MBA/ Business statistics explained by example
Summary
Title: Statistics for MBA/ Business statistics explained by example
Price: $64.99
Average Rating: 4.5
Number of Lectures: 110
Number of Quizzes: 9
Number of Published Lectures: 110
Number of Published Quizzes: 9
Number of Curriculum Items: 119
Number of Published Curriculum Objects: 119
Original Price: $19.99
Quality Status: approved
Status: Live
What You Will Learn
Who Should Attend
Target Audiences
Most of the students of MBA (Master of business administration program) / machine learning program / computer science program hate the introductory statistics / business statistics course. The reason is that most of the instructor explain the concept in such a way that students are hardly able to relate to concept with real life situation. Hence the course becomes a nightmare for students and they look forward for just completion of semester to get rid of the same.
That’s why this course has been prepared through simulation and real life examples.
This course covers the entire syllabus of most of the business statistics / introductory statistics course of MBA (Master of Business administration) program. The explanations are so simple and intuitive that you will learn statistics for life and will love the subject.
I recommend you to explore the course.
What is the course about?
This course promises that students will
Learn the statistics in a simple and interesting way
Know the business scenarios, where it is applied
See the demonstration of important concepts (simulations) in MS Excel
Practice it in MS Excel to cement the learning
Get confidence to answer questions on statistics
Be ready to do more advance course like logistic regression etc.
Course Material
The course comprises of primarily video lectures.
All Excel file used in the course are available for download.
The complete content of the course is available to download in PDF format.
How long the course should take?
It should take approximately 25 hours for good grasp on the subject.
Why take the course
To understand statistics with ease
Get crystal clear understanding of applicability
Understand the subject with the context
See the simulation before learning the theory
Course Curriculum
Chapter 1: Probability and Expectations
Lecture 1: Welcome Note
Lecture 2: Section Overview
Lecture 3: Relative Frequency and Probability with Excel simulation – view to understand it
Lecture 4: How to download excel files etc.
Lecture 5: Probability Example of rolling one and two dice
Lecture 6: Probability distribution function – descrete and continuous
Lecture 7: Expectation or Expected Value
Lecture 8: Expected Value of a Carnival Game
Lecture 9: Expected value of Casino Game
Lecture 10: Section PDF
Chapter 2: Central Tendencies and Dispersion
Lecture 1: Section Overview
Lecture 2: Arithmetic Mean
Lecture 3: Advantage n Disadvantage of Arithmatic Mean
Lecture 4: Geometric Mean and Its applicability
Lecture 5: Weighted Mean
Lecture 6: Median and Its Calculations
Lecture 7: Advantage and Applicability of Median
Lecture 8: Mode Its Advantage and Usage
Lecture 9: Dispersion: Why you shd Know
Lecture 10: Range and Its Advantage and Disadvantage
Lecture 11: Average Absolute Difference
Lecture 12: Variance and Standard deviation
Lecture 13: Note: Square Error Is Minimum around Mean
Lecture 14: Coefficient of Variance and Z statistics
Lecture 15: Exercise – caculate central tenedencies, dispersion etc.
Lecture 16: Section PDF
Chapter 3: Central Limit Theorem
Lecture 1: Section outline
Lecture 2: Frequency Distribution
Lecture 3: Normal Distribution and its properties
Lecture 4: Real Life Example of Normal distribution
Lecture 5: Normal distribution due to aggregation
Lecture 6: CLT concepts and demo
Lecture 7: Validate properties of Normal Distribution
Lecture 8: Section PDF
Chapter 4: Sampling Distribution
Lecture 1: Section outline
Lecture 2: Terms Associated with Sampling Distribution
Lecture 3: Examples of Sample Statistic
Lecture 4: Sampling distribution of Means
Lecture 5: Sampling Distribution of proportion
Lecture 6: Optional topic – Sampling distribution of means and proportions with IID series
Lecture 7: Point Estimate and Interval Estimate
Lecture 8: Intuitive Understanding and Demo of confidence Interval
Lecture 9: Formal defintions and table for confidence interval
Lecture 10: Calculation example of confidence interval for sample proportions
Lecture 11: Confidence Interval for Mean
Lecture 12: Demo of confidence Interval for Mean
Lecture 13: Example of Confidence Interval Calculation
Lecture 14: Preamble for small sample statistic
Lecture 15: Demo of T Distribution
Lecture 16: Confidence Interval Calculation Example for Small Sample
Lecture 17: Criteria of a good Estimator
Lecture 18: Section PDF
Chapter 5: Hypothesis Testing
Lecture 1: Section Outline
Lecture 2: Business Example of Hypothesis Testing – part 01
Lecture 3: Business Example of Hypothesis Testing – part 02
Lecture 4: Introduction to Terms of Hypothesis Testing
Lecture 5: Steps of Hypothesis Testing
Lecture 6: Type I and II and Power of a test – part 01
Lecture 7: Type I and II and Power of a test – part 02
Lecture 8: Real Life Example of Type I and II error
Lecture 9: One and Tow Tail Tests
Lecture 10: P Value for I and II Tail Cases and Excel Computation
Lecture 11: Hypothesis Testing Examples 01
Lecture 12: Hypothesis Testing Examples 02
Lecture 13: Using MS Excel for Hypothesis Tests
Lecture 14: Section PDF
Chapter 6: Simple Linear Regression
Lecture 1: Section Outline
Lecture 2: Linear Relationship By Example
Lecture 3: Ordinary Least Square for Equation
Lecture 4: Understand Excel Chart Add Trendline Function
Lecture 5: Coefficient of determination
Lecture 6: Correlation Coefficient R
Lecture 7: Use of Linear Regression
Lecture 8: Linear Regression Using MS Excel Data Analysis Procedure
Lecture 9: Section PDF
Chapter 7: Categorical Data Analysis
Lecture 1: Section Overview
Lecture 2: Introduction to Categorical Variable
Lecture 3: Describe Categorical data one way
Lecture 4: Describe Categorical data two way
Lecture 5: Chi Square Statistic
Lecture 6: Feel The Chi Square Statistic
Lecture 7: Degree of freedom of a cross tab
Lecture 8: Chi Square Distribution
Lecture 9: Using Excel to conduct Chi Square Test
Lecture 10: dependent and independent variable
Lecture 11: statistical technique applicability at a glance
Instructors

Gopal Prasad Malakar
Trains Industry Practices on data science / machine learning
Rating Distribution
Frequently Asked Questions
How long do I have access to the course materials?
You can view and review the lecture materials indefinitely, like an on-demand channel.
Can I take my courses with me wherever I go?
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!
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