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Business Statistics and Analysis Specialization

A comprehensive and practical specialization that equips learners with essential statistical skills for effective business analysis using Excel.

access

Lifetime

level

Beginner

certificate

Certificate of completion

language

English

What you will learn in Business Statistics and Analysis Specialization Course

  • Master essential Excel functions for data analysis and business modeling.
  • Understand and apply descriptive statistics and probability distributions to business decisions.
  • Conduct hypothesis testing and build confidence intervals for data-driven insights.

  • Develop and interpret linear regression models for predictive analytics.
  • Apply statistical techniques to real-world business problems through a comprehensive capstone project.

Program Overview

  Introduction to Data Analysis Using Excel

⏱️ 24 hours

  • Learn to import, organize, and manipulate data in Excel.
  • Utilize functions like IF, VLOOKUP, and RANDBETWEEN.
  • Create PivotTables, charts, and perform data filtering.


  Basic Data Descriptors, Statistical Distributions, and Application to Business Decisions

⏱️ 20  hours

  • Explore measures of central tendency and variability.

  • Understand and apply normal, binomial, and Poisson distributions.

  • Learn about the Central Limit Theorem and its business applications


  Business Applications of Hypothesis Testing and Confidence Interval Estimation

⏱️24 hours

  • Construct and interpret confidence intervals.

  • Perform hypothesis tests for means and proportions.

  • Apply these techniques to real business scenarios.​​


  Linear Regression for Business Statistics

⏱️ 20 hours

  • Develop simple and multiple linear regression models.
  • Interpret regression coefficients and assess model fit.
  • Use regression analysis for forecasting and decision-making.

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Job Outlook

  • Proficiency in business statistics is valuable for roles such as Data Analyst, Business Analyst, and Financial Analyst.

  • Skills acquired in this specialization are applicable across various industries, including finance, marketing, and operations.

  • Completing this specialization can enhance your qualifications for positions that require data-driven decision-making capabilities.

9.5Expert Score
Highly Recommended
The "Business Statistics and Analysis Specialization" offers a structured and practical approach to understanding and applying statistical methods in business contexts. It's particularly beneficial for individuals seeking to build a solid foundation in data analysis using Excel.
Value
9
Price
8.9
Skills
9.4
Information
9.5
PROS
  • Taught by experienced instructors from Rice University.
  • Hands-on assignments and projects to reinforce learning.
  • Applicable to both academic and industry settings.​
CONS
  • Requires access to a Windows version of Microsoft Excel 2010 or later.
  • Some learners may seek more extensive coverage of advanced statistical techniques.

Specification: Business Statistics and Analysis Specialization

access

Lifetime

level

Beginner

certificate

Certificate of completion

language

English

Business Statistics and Analysis Specialization
Business Statistics and Analysis Specialization
Course | Career Focused Learning Platform
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