Inferential and Predictive Statistics for Business
Managerial Economics and Business Analysis ,
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. To this end, the course aims to cover statistical ideas that apply to managers by discussing 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. While you will be introduced to some of the science of what is being taught, the focus will be on applying the methodologies. This will be accomplished through use of Excel and using data sets from many different disciplines, allowing you to see the use of statistics in very diverse settings. The course will focus not only on explaining these concepts but also understanding the meaning of the results obtained. You will be able to: • Test for beliefs about a population • Compare differences between populations • Use linear regression model for prediction • Use Excel for statistical analysis This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.
Get a Reminder
| Rating | 4.8★ based on 115 ratings |
|---|---|
| Length | 5 weeks |
| Effort | 4 weeks of study, 2-4 hours/week |
| Starts | Jun 26 (45 weeks ago) |
| Cost | $79 |
| From | University of Illinois at Urbana-Champaign via Coursera |
| Instructors | Fataneh Taghaboni-Dutta, Fataneh Taghaboni-Dutta, Ph.D., PMP, Fataneh Taghaboni-Dutta, Ph.D., PMP, CSM, CSPO |
| Download Videos | On all desktop and mobile devices |
| Language | English |
| Subjects | Business |
| Tags | Business Business Essentials |
Get a Reminder
Similar Courses
What people are saying
very good course
A very good course, well presented by the prof.
Very good course.
Read more
inferential and predictive
This class teaches inferential and predictive statistics and the early steps of model building.
Super practical exploration of how to use inferential and predictive statistics in everyday business decision making.
Read more
great course for
Great course for decision makers with no prior experience in statistics and modelling.
Concepts are well explained with very good examples.Also doing it in excel makes it easier.Thanks!Great course for beginners Lucid and follows a step-by-step structure which allows for conceptual clarity.
Read more
very informative
Very informative and practical.
Very informative videos.
Read more
for business
Excellent as an intermediate level statistics for business analysis.
Learned a lot about data for business use Everyone should take this course!
Read more
real life
Lots of real life examples used to illustrate the steps needed to build a model that could predict and explain ones data.
Very good class that teaches you the basic statistic models and its use in real life.
Can be tough and could challenge someone to refer back to stats content learned during a BS program, but the professor is brilliant at relating the material to real life job and situations.
Read more
professor taghaboni-dutta
For business students and professionals who really want to understand and apply statistics to their business, there's no better course series that Professor Taghaboni-Dutta's Coursera Series.
Professor Taghaboni-Dutta's lessons are easy to follow and understand; so don't worry, you don't have to be a quant or know calculus to get through this.
Professor Taghaboni-Dutta keeps you engaged the entire time.
Read more
Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile.
Analytical Coordinator $53k
Play Framework $55k
Analytical Research and Development, (Analytical Chemist) $67k
Analytical Engineer (m/f) $71k
Test Automation Framework SME $74k
Android Engineer - Framework $78k
Android Security Framework $79k
Analytical R&D $80k
UI Framework Engineer - JavaScript $86k
Framework Architect $98k
Security Framework Architect $123k
Android Framework / Application Engineer $154k
Write a review
Your opinion matters. Tell us what you think.
Please login to leave a review
| Rating | 4.8★ based on 115 ratings |
|---|---|
| Length | 5 weeks |
| Effort | 4 weeks of study, 2-4 hours/week |
| Starts | Jun 26 (45 weeks ago) |
| Cost | $79 |
| From | University of Illinois at Urbana-Champaign via Coursera |
| Instructors | Fataneh Taghaboni-Dutta, Fataneh Taghaboni-Dutta, Ph.D., PMP, Fataneh Taghaboni-Dutta, Ph.D., PMP, CSM, CSPO |
| Download Videos | On all desktop and mobile devices |
| Language | English |
| Subjects | Business |
| Tags | Business Business Essentials |
Similar Courses
Sorted by relevance
Like this course?
Here's what to do next:
- Save this course for later
- Get more details from the course provider
- Enroll in this course
