
In this lesson of the Statistics for Business Analytics course, we will look into what Statistics means, and what is the meaning of the term Descriptive Statistics. We will also look into the basic concepts.
Please download the following attachments:
1. Course Slides
2. List of Definitions in Statistics
In this lesson of the Statistics for Business Analytics course, we will discuss the process of Statistical Inference, and how sample data can be used to make predictions about the whole population.
In this lesson of the Statistics for Business Analytics course, we will look into the terms Data Warehousing and Data Mining, and why there is a need to store and analyze large amounts of data.
In this lesson of the Statistics for Business Analytics course, we will discuss some important applications of Statistics, and the basic definitions.
In this lesson of the Statistics for Business Analytics course, we will look into the different scales of measurement that are important to be understood before going any further. We also look at the differences between Categorical and Quantitative forms of data.
In this lesson of the Statistics for Business Analytics course, we discuss the important sources of data, and also two major classifications of data, called Cross-sectional and Time-series data.
In this lesson of the Statistics for Business Analytics course, we will differentiate between the Experimental Studies and Observational Studies. We also look at the ethics important while working with data.
In this lesson of the Statistics for Business Analytics course, we will look at the topics to be covered in this section.
In this lesson of the Statistics for Business Analytics course, we will look into summarizing data into different forms, including Frequency Distributions.
In this lesson of the Statistics for Business Analytics course, we will learn how to interpret and draw Bar Charts, Pie Charts and Pareto Diagrams.
In this lesson of the Statistics for Business Analytics course, we will learn how to draw a Frequency Distribution.
In this lesson of the Statistics for Business Analytics course, we will learn how to interpret and draw Dot Plots, Histograms and what Skewness means in terms of histograms.
In this lesson of the Statistics for Business Analytics course, we will learn what Cumulative Frequency Distributions and Ogives are, and how to work with them.
In this lesson of the Statistics for Business Analytics course, we will learn how to interpret and draw Stem and Leaf Diagrams.
In this lesson of the Statistics for Business Analytics course, we will learn how to interpret Cross-Tabulated information and how to draw such tables from the given data.
In this lesson of the Statistics for Business Analytics course, we will learn what Scatter Diagrams and Trendlines are, and how to use them effectively.
In this lesson of the Statistics for Business Analytics course, we will look into Sample and Population Mean, and how to compute them.
In this lesson of the Statistics for Business Analytics course, we will learn how to compute Median and Mode for the given data.
In this lesson of the Statistics for Business Analytics course, we will learn what Percentiles and Quartiles mean, and how to calculate them.
In this lesson of the Statistics for Business Analytics course, we will learn about different variability measures for the data, including Range and Inter-quartile Range.
In this lesson of the Statistics for Business Analytics course, we will learn how to compute Variance, Standard Deviation and Coefficient of Variation.
In this lesson of the Statistics for Business Analytics course, we will learn how to interpret values of Skewness, and how to compute skewness for a given distribution.
In this lesson of the Statistics for Business Analytics course, we will learn about z-scores, what do they mean and how to compute them, and also discuss the Chebyshev's Theorem.
In this lesson of the Statistics for Business Analytics course, we will learn about the Empirical Rule and how to interpret and classify outliers.
In this lesson of the Statistics for Business Analytics course, we will learn about the five-number-summary for the given data, and how box plots can be drawn from the given five-number-summary.
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