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Statistics Essentials for Analytics

An accessible, exercise-driven statistics course that equips you with the key analytical techniques needed for data-driven decision making.

access

Lifetime

level

Beginner

certificate

Certificate of completion

language

English

What will you learn in Statistics Essentials for Analytics Course

  • Grasp core statistical concepts: descriptive statistics, probability distributions, sampling, and data visualization

  • Apply inferential techniques: confidence intervals, hypothesis testing (t-tests, chi-square, ANOVA) for data-driven decisions

  • Build and interpret simple predictive models: linear and logistic regression fundamentals

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  • Understand non-parametric tests (Mann–Whitney, Kruskal–Wallis) for data that violate parametric assumptions

  • Explore time-series basics: trend decomposition, autocorrelation, and forecasting fundamentals

Program Overview

Module 1: Foundations of Statistical Thinking

⏳ 1 week

  • Topics: Populations vs. samples, scales of measurement, exploratory data analysis principles

  • Hands-on: Summarize a dataset with measures of central tendency and dispersion

Module 2: Probability & Distributions

⏳ 1 week

  • Topics: Basic probability rules, discrete (Binomial, Poisson) and continuous (Normal, Exponential) distributions

  • Hands-on: Compute and visualize distribution PDFs and CDFs; simulate random sampling

Module 3: Sampling & Estimation

⏳ 1 week

  • Topics: Sampling methods, Central Limit Theorem, point vs. interval estimation

  • Hands-on: Derive and interpret confidence intervals for means and proportions

Module 4: Hypothesis Testing

⏳ 1 week

  • Topics: Null/alternative setup, Type I/II errors, p-values, one- and two-sample t-tests, chi-square tests

  • Hands-on: Conduct and report results of a t-test and chi-square goodness-of-fit test

Module 5: Comparing Multiple Groups

⏳ 1 week

  • Topics: One-way and two-way ANOVA, assumptions checking, post-hoc analysis

  • Hands-on: Analyze variance across groups and apply Tukey’s HSD for pairwise comparisons

Module 6: Non-Parametric Methods

⏳ 1 week

  • Topics: Mann–Whitney U, Wilcoxon signed-rank, Kruskal–Wallis tests

  • Hands-on: Use non-parametric tests on skewed or ordinal data

Module 7: Regression Analysis Essentials

⏳ 1 week

  • Topics: Simple linear regression, least squares estimation, logistic regression basics

  • Hands-on: Fit and interpret a linear model; assess goodness-of-fit and residuals

Module 8: Introduction to Time Series

⏳ 1 week

  • Topics: Trend, seasonality, autocorrelation, moving averages, ARIMA overview

  • Hands-on: Decompose a time series and generate a basic forecast

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Job Outlook

  • Data Analyst: $65,000–$90,000/year — use statistics to derive business insights and inform strategy

  • Business Intelligence Specialist: $70,000–$100,000/year — design dashboards, perform ad hoc analyses, and report results

  • Quality Analyst / Statistician: $60,000–$85,000/year — apply statistical methods to ensure process and product quality

  • Foundational statistics skills are essential across finance, healthcare, marketing analytics, and engineering domains.

9.6Expert Score
Highly Recommendedx
This self-paced program delivers clear, practical instruction on both core and advanced statistical methods, balanced with hands-on exercises on real datasets.
Value
9
Price
9.2
Skills
9.4
Information
9.5
PROS
  • Comprehensive coverage from probability fundamentals to regression and time-series basics
  • Practical labs reinforce theory with real-world data and step-by-step guidance
  • Suitable for beginners and those refreshing their statistics toolkit
CONS
  • Does not cover advanced multivariate techniques (e.g., PCA, clustering)
  • Time-series module is introductory; deep dives require supplementary courses

Specification: Statistics Essentials for Analytics

access

Lifetime

level

Beginner

certificate

Certificate of completion

language

English

Statistics Essentials for Analytics
Statistics Essentials for Analytics
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