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Introduction to Business Statistics
Rating: 4.0 out of 5(41 ratings)
1,725 students

Introduction to Business Statistics

Basic understanding of commonly used statistics to prepare students for more advanced statistics courses.
Created byTaman Belajar, Bina Nusantara University
Last updated 1/2024
English
English [Auto],

What you'll learn

  • Students will be able to identify the concept of statistics
  • Students will be able to calculate statistical measurements of business and economic problems with the right method
  • Students will be able to construct the suitable decision from statistical method solution
  • Student will learn about Data and Statistics, Probability, Sampling and Sampling Distributions, Interval Estimation, Hypothesis Tests

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Course content

7 sections • 11 lectures • 58m total length

  • Overview2:54

    Presents the business statistics overview, covering ten topics from data and statistics to simple linear regression and the textbook statistics for business and economics.

  • Data and Statistics6:23

    learn to collect, analyze, present, and interpret data and statistics, classify data as categorical or quantitative, distinguish cross-sectional and time series data, and apply nominal, ordinal, interval, and ratio scales.

  • Descriptive Statistics7:08

    Explore descriptive statistics by analyzing frequency distributions for categorical data and using bar charts and pie charts to reveal patterns. Learn central location measures like mean, median, and mode.

  • Data and Statistics

Requirements

  • No special skills required

Description

Business statistics provides a basic understanding of commonly used statistics to prepare students for more advanced statistics courses. This course emphasizes in understanding basic materials in statistical analysis that are very necessary for students to make decisions from data. Business statistics studies the process of using data from a sample to make estimates and test hypotheses about the characteristics of a population. This course provides a basic understanding of commonly used statistics to prepare students for more advanced statistics courses. This course emphasizes in understanding basic materials in statistical analysis that are very necessary for students to make decisions from data.


The contained materials are introduction about data and statistics, descriptive statistics, introduction to probability, discrete probability distributions, continuous probability distributions, sampling and sampling distributions, interval estimation, hypothesis tests, analysis of variance, and simple linear regression. This course is related to research methodology and thesis.


Learning outcomes after studying business statistics are students will be able to identify the concept of statistics, students to be able to calculate statistical measurements of business and economic problems with the right method and students will be able to construct the suitable decision from statistical method solution. Thus, business statistics can help make evidence-based decisions.

Who this course is for:

  • Student who wants to learn business statistics

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