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Statistics for MBA Business statistics explained by example

  • Development
  • Mar 31, 2025
SynopsisStatistics for MBA/ Business statistics explained by example,...
Statistics for MBA Business statistics explained by example  No.1

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

  • 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
  • Who Should Attend

  • MBA Students
  • Statistics professionals
  • Statistics students
  • Analytics professionals
  • Data analytics folks
  • IT folks, Reporting Engineers who want to build their career into analytics or statistical analysis / market research
  • Target Audiences

  • MBA Students
  • Statistics professionals
  • Statistics students
  • Analytics professionals
  • Data analytics folks
  • IT folks, Reporting Engineers who want to build their career into analytics or statistical analysis / market research
  • 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

  • Statistics for MBA Business statistics explained by example  No.2
    Gopal Prasad Malakar
    Trains Industry Practices on data science / machine learning
  • Rating Distribution

  • 1 stars: 10 votes
  • 2 stars: 17 votes
  • 3 stars: 66 votes
  • 4 stars: 117 votes
  • 5 stars: 176 votes
  • 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!