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Statistics course for beginners. Gain the ability to apply Statistics & Probability to various business applications

## Description

You’re looking for a complete course on Statistics and Probability, right?

You’ve found the right Statistics and Probability with Excel course! This course will teach you the skill to apply statistics and data analysis tools to various business applications.

After completing this course you will be able to:

• Learn the concepts of Probability and statistics required for making business decisions
• Learn important probability distributions such as Normal distribution, Poisson distribution, Exponential distribution, Binomial  distribution etc
• Conceptual and practical understanding of a Confidence Interval
• Understand the z-statistic and the t-statistic
• Learn how to perform Single Tail and Two Tail Hypothesis Tests
• Understand the logic of Hypothesis Testing

A Verifiable Certificate of Completion is presented to all students who undertake this course on Probability and Statistics in Excel.

If you are a business manager, or business analyst or an executive, or a student who wants to learn Probability and Statistics concepts and apply these techniques to real-world problems of the business function, this course will give you a solid base for Probability and Statistics by teaching you the most important concepts of Probability and Statistics and how to implement them in MS Excel.

Why should you choose this course?

We believe in teaching by example. This course is no exception. Every Section’s primary focus is to teach you the concepts through how-to examples. Each section has the following components:

• Theoretical concepts and use cases
• Step-by-step instructions on implementation in MS Excel
• Downloadable Excel files containing data and solutions used in MS Excel
• Class notes and assignments to revise and practice the concepts in MS Excel

The practical classes where we create the model for each of these strategies are something that differentiates this course from any other course available online.

What makes us qualified to teach you?

The course is taught by Abhishek (MBA – FMS Delhi, B. Tech – IIT Roorkee) and Pukhraj (MBA – IIM Ahmedabad, B. Tech – IIT Roorkee). As managers in the Global Analytics Consulting firm, we have helped businesses solve their business problems using Analytics and we have used our experience to include the practical aspects of business analytics in this course. We have in-hand experience in Business Analysis.

We are also the creators of some of the most popular online courses – with over 1,200,000 enrollments and thousands of 5-star reviews like these ones:

This is very good, i love the fact the all explanation given can be understood by a layman – Joshua

Thank you Author for this wonderful course. You are the best and this course is worth any price. – Daisy

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Our Promise

Teaching our students is our job and we are committed to it. If you have any questions about the course content, practice sheet, or anything related to any topic, you can always post a question in the course or send us a direct message.

With each lecture, there are class notes attached for you to follow along. You can also take quizzes to check your understanding of concepts like Probability and Statistics in MS Excel. Each section contains a practice assignment for you to practically implement your learning onProbability and Statistics in MS Excel.

What is covered in this course?

• Part 1 – Excel Basics

In the first section, i.e. Excel Basics, we will learn how to use basic excel which will be required in the latter part of this course

• Part 2 – Statistics foundations for business analysts

Then, in the second section, i.e. Statistics foundations for business analysts, we will start learning about the core concepts of Business Analytics i.e. probability and probability distribution. We will look at important probability distributions used in a business setting such as Normal distribution, Poisson distribution, Exponential distribution, Binomial  distribution, etc

These concepts form the foundation of data analytics, machine learning, and deep learning.

• Part 3 – Statistical Decision making

Once we have covered the basics of probability, in the third section, i.e. Statistical Decision making we will discuss some advanced concepts related to sample testing i.e. hypothesis testing.

These are the concepts that differentiate a beginner from a pro!

Go ahead and click the enroll button, and I’ll see you in lesson 1 of this Business Analyst Masterclass course!

Cheers

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## Content

Introduction
Introduction
Course Resources
Introduction to probability
Milestone!
Module Introduction
Basics of probability
Calculating Probability in Excel – Part 1
Calculating Probability in Excel – Part 2
Important laws of probability
Implementing laws of probability in Excel
Probability distribution concepts
Concepts of probability distribution
Measures of probability distribution in Excel
Discreet vs continuous probability distribution
Using probablity distribution
Types of discreet probability distribution
Discreet Uniform probability distribution
Discreet binomial probability distribution
Binomial – Practical session
Discreet Poisson probability distribution
Poisson – Practical session
Types of continuous probablity distribution
Continuous probability distribution – Introduction
Uniform continuous probability distribution
Normal distribution
Normal distribution – Practical session
Exponential distribution
Exponential distribution – Practical session
Statistical Inference
Module Introduction
Sampling and Types of Sampling
Point Estimation
Excel – How to do random sampling
Excel – Point Estimation
Sampling Distributions
Excel – Demo of key results
Interval Estimation
Excel – Interval Estimation for mean
Excel – Interval Estimation for proportion
How to determine sample size?
Sample case study
Exercise problem
Hypothesis Testing
What is Hypothesis testing?
Type 1 and Type 2 errors
The process of hypothesis testing Part-1
The process of hypothesis testing Part-2
How to find the p-value?
Excel – Statistical Formulas for T distribution
Excel – Statistical Formulas for Z distribution
Vaccination case study
Exercise problem
Final Section
The final milestone!