Statistics & Excel
What you'll learn
- Perform In-Depth Data Analysis: Dive deep into diverse datasets, applying statistical techniques to uncover meaningful insights and trends.
- Create Powerful Data Visualizations: Develop informative data visualizations using tools like Excel, making complex data easy to understand.
- Build Predictive Models: Construct predictive models to forecast future outcomes accurately.
- Drive Strategic Decision-Making: Use statistical insights to guide strategic decisions across diverse professional contexts.
- Communicate Data Findings: Enhance your data communication skills, conveying results persuasively through various mediums.
- Calculate and interpret key descriptive statistics such as mean, median, mode, variance, and standard deviation to summarize data effectively.
- Understand the fundamental principles of probability, including probability distributions, random variables, and their applications in real-life scenarios.
- Create clear and informative data visualizations, such as histograms, scatter plots, and box plots, to communicate insights effectively.
Requirements
- Basic Math Skills: A fundamental understanding of arithmetic, algebra, and basic mathematical concepts is required.
- Access to Microsoft Excel: You should have access to Microsoft Excel or equivalent spreadsheet software for hands-on exercises and projects.
- Curiosity and Dedication: Approach the course with a curious mindset and a dedication to learning, as statistics can be challenging but rewarding.
- Computer and Internet Access: You'll need a computer or laptop with internet access to participate in the course materials and online resources.
- Openness to Data Analysis: Be open to exploring data, drawing conclusions, and making data-driven decisions in various fields.
Description
Welcome to "Statistics and Excel," your comprehensive guide to mastering the art of data analysis and statistics, enriched with practical Excel applications. In this course, we will delve into the core concepts of statistics, providing you with a solid foundation rooted in standard undergraduate statistical textbook concepts.
The Significance of Data:
In our data-driven world, the ability to understand, analyze, and draw conclusions from data is a paramount skill. Data plays a pivotal role in fields like medicine, finance, meteorology, education, and social sciences. We'll explore the essential role of statistics in these domains, setting the stage for our statistical journey.
Decoding Data's Dual Nature:
Data can be both enlightening and deceptive, a concept beautifully encapsulated by Mark Twain's famous quote about lies and statistics. Our course aims to equip you with the discernment needed to distinguish between meaningful insights and misleading interpretations. Real-world case studies will be our compass on this enlightening path.
Empowering Statistical Thinking:
Our primary goal is to empower you with a deep understanding of statistical principles. Probability theory will be a key ally in quantifying uncertainty and making data-informed decisions. Throughout the course, we'll utilize Excel as a versatile tool to translate theory into practice.
Confronting Statistical Challenges:
As we progress, we'll confront two fundamental statistical challenges. First, comprehensive data analysis involves extracting valuable insights from complete datasets. For example, we might predict future trends in student performance based on historical academic records. Second, statistical inference guides us in making predictions about larger populations based on smaller samples, such as estimating average heights using survey data.
Course Goals:
Our educational journey is enriched with a plethora of real-world examples, illustrating the practicality and wide applicability of statistical analysis. Beyond formulaic calculations, we aim to nurture your understanding of the logical foundations and strategies that underpin statistical reasoning.
Preparing for a Data-Centric World:
In today's technology-driven era, statistical literacy is a vital asset. The ability to interpret data and draw meaningful insights is highly sought after. With the ever-increasing availability of vast datasets and advanced analytical techniques, your proficiency in statistics is an invaluable asset in various academic and professional domains.
Key Tools:
Mathematics: A foundational language of statistics, which we'll explore through key concepts and formulae.
Excel: We'll harness the power of Excel for practical applications and hands-on exercises, ensuring you're well-prepared to tackle real-world data challenges.
Join us on this enriching journey into the realm of statistics and Excel, and gain the skills and knowledge needed to excel in our data-driven society. Whether you're a student, a professional, or simply curious about the power of data, this course is your gateway to statistical mastery, firmly grounded in standard undergraduate statistical material.
Who this course is for:
- Students: Undergraduate students studying statistics or related fields who want a solid foundation in statistical concepts and data analysis.
- Professionals: Working professionals seeking to enhance their data analysis skills, make informed decisions, and improve their job prospects.
- Entrepreneurs: Entrepreneurs and small business owners looking to utilize data-driven insights for business growth and decision-making.
- Data Enthusiasts: Anyone passionate about understanding the world through data analysis and gaining practical knowledge of statistics.
- Researchers: Researchers from various disciplines who want to strengthen their statistical analysis skills for academic or professional research
- Self-Learners: Individuals interested in self-paced learning, regardless of their educational or professional background, who wish to acquire statistical expertise.
- Excel Users: Individuals familiar with Microsoft Excel who want to explore its statistical capabilities for practical applications.
Instructor
- 4.4 Instructor Rating
- 51,393 Reviews
- 900,951 Students
- 149 Courses
Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.
Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).
Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.
In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele's teaching philosophy is to make content applicable, understandable, and accessible.
Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.
Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.
Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.
Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.
The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.
Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like Udemy.