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Inferential and Predictive Statistics for Business 

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Inferential and Predictive Statistics for Business
 at 
Coursera 
Overview

Duration

19 hours

Mode of learning

Online

Difficulty level

Intermediate

Official Website

Go to Website External Link Icon

Credential

Certificate

Inferential and Predictive Statistics for Business
 at 
Coursera 
Highlights

  • Offered By University of Illinois at Urbana-Champaign
  • Learn from eminent faculty of University of Illinois at Urbana-Champaign
  • 50% got a tangible career benefit from this course
  • Requires effort of 4-5 hours per week
Read more
Details Icon

Inferential and Predictive Statistics for Business
 at 
Coursera 
Course details

What are the course deliverables?
  • We will consider two basic themes: first, is recognizing and describing variations present in everything around us, and then modeling and making decisions in the presence of these variations. The fundamental concepts studied in this course will reappear in many other classes and business settings. Our focus will be on interpreting the meaning of the results in a business and managerial setting.
More about this course
  • This course provides an analytical framework to help you evaluate key problems in a structured fashion and will equip you with tools to better manage the uncertainties that pervade and complicate business processes. The course aim to cover statistical ideas that apply to managers.

Inferential and Predictive Statistics for Business
 at 
Coursera 
Curriculum

WEEK-1-Course Orientation

Welcome to Inferential and Predictive Statistics for Business

Excel Data Analysis Toolpak

Hypothesis Testing

Formulating the Hypothesis

Analyzing the Result

Two-Tail Test for Mean

Two-Tail Test for Mean in Excel

One-Tail Test for Mean

Left-Tail Test for Mean in Excel

Right-Tail Test for Mean in ExceL

Testing the Proportion

Left-Tail Test for Proportion in Excel

Right-Tail Test for Proportion in Excel

Two-Tail Test for Proportion in Excel

WEEK-2: Statistical Inference Based on Two Samples

Testing for No Difference in Means

Testing for No Difference in Means in Excel

Two-Tail Mean Test for Two Samples and Calculating the Confidence Interval in Excel

One-Tail Test of the Means

One-Tail Test of the Means in Excel

Testing for a Specific Value in Means

Paired Tests

Paired Test in Excel

Test of Proportions

One-Tail Test of Proportions for Two Samples in Excel

Two-Tail Test of Proportions for Two Samples in Excel

WEEK-3 Simple Linear Regression

An Introduction

Least Square Methods

Least Square Method in ExceL

Assessing the Regression Model

Testing the Significance in Excel

Using the Model

Simple Linear Regression: Excel Output Analysis

Model Assumptions and Limitations

Residual Analysis in Excel

WEEK-4: Multiple Linear Regression

Model Introduction

Developing Multiple Regression Model in Excel

Multiple Regression: Excel Output Analysis

Qualitative Data Two Categories

Dummy Variable in Excel Two Categories

Qualitative Data Many Categories

Dummy Variable in Excel Many Categories

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Inferential and Predictive Statistics for Business
 at 
Coursera 

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