Exploring and Producing Data for Business Decision Making
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. Specifically, you will learn how to summarize data and learn concepts of frequency, normal distribution, statistical studies, sampling, and confidence intervals. 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 the use of Excel and data sets from different disciplines, allowing you to see the use of statistics in a range of settings. The course will focus not only on explaining these concepts, but also understanding and interpreting the results obtained. You will be able to: • Summarize large data sets in graphical, tabular, and numerical forms • Understand the significance of proper sampling and why one can rely on sample information • Understand why normal distribution can be used in a wide range of settings • Use sample information to make inferences about the population with a certain level of confidence about the accuracy of the estimations • 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/.
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| Rating | 4.6★ based on 99 ratings |
|---|---|
| Length | 5 weeks |
| Effort | 4 weeks of study, 4-6 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 | Data Science Business Mathematics |
| Tags | Data Science Business Business Essentials Probability And Statistics |
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What people are saying
easy to understand
I'm serious, even MSFT doesn't have instructional videos that are as good and easy to understand as the ones in this class.
Great Course Excellent, easy to understand and the skills are very practical!
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decision making
hard but interesting Good basic statistics course, knowledge can be easily applied right from the start Great lectures and useful for Business decision making.
Anyone who deal with number-based business decision making should take this course.
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data analysis
I gained useful insight on data analysis from this course that directly applies to work that I am doing on assessing the accuracy of a new measurement method.
Good revision for data analysis using Excel.
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basics of statistics
It was a good (re) introduction to the basics of statistics with 2 main problems:1, I felt that the (compulsory) reading material (Online Statistics Education: An online multimedia Course of Study) actually provided more value than the videos - with the videos adding some Excel practical use cases.2, There wasn't much "exploration and producing" of data in the course.
I understand the basics of statistics are necessary but it would be just as important to introduce main data sources one can use for various economics research (given this is part of the Managerial Economics and Business Analysis specialisation).Other than that, I found the course useful and would recommend it to someone lacking the basics of statistics or needs a refresher like I did.
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| Rating | 4.6★ based on 99 ratings |
|---|---|
| Length | 5 weeks |
| Effort | 4 weeks of study, 4-6 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 | Data Science Business Mathematics |
| Tags | Data Science Business Business Essentials Probability And Statistics |
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