Business Statistics

Learn fundamental statistical concepts and methods essential for business decision-making in this comprehensive course. Master data collection techniques, organization methods using tables and charts, and calculation of descriptive measures including central tendency and variation. Explore probability concepts, distributions (discrete and continuous), and sampling methods while developing skills in confidence interval estimation and hypothesis testing. Dive into comparative analysis techniques like two-sample tests, ANOVA, and simple linear regression. Apply statistical tools through practical examples and exercises, culminating in the ability to conduct thorough statistical analyses for business applications. Build proficiency in z-scores, empirical rules, Bayes' Theorem, binomial distributions, and normal distributions while learning to assess data normality and perform residual analysis.