
Explore descriptive statistics and data handling, probability foundations, distributions, sampling, estimation, and hypothesis testing. Learn to interpret p-values, assess confidence intervals, and apply conditional probabilities in practice.
Begin your data science journey in probability and statistics with a welcoming introduction that outlines course goals and sets expectations for foundational topics.
Define data and units of analysis, distinguish populations from samples, and classify variables as nominal, ordinal, interval, or ratio, with independent and dependent roles.
learn to summarize data with a single central value by examining mean, median, and mode, and choose the appropriate measure based on data type and distribution.
Explore how dispersion measures reveal data spread beyond central tendency, comparing range, IQR, variance, and standard deviation, with practical examples and the impact of outliers on insights.
Discover how data visualization reveals truth by showing trends, distributions, and relationships the numbers alone hide, and master bar charts, histograms, box plots, and scatter plots.
Explore data cleaning and pre-processing in Python, and learn statistics including mean, median, mode, variance, standard deviation, percentiles, range, and interquartile range to identify outliers and handle missing data.
Identify missing data types MCAR, MAR, MNAR and outliers, apply imputation and robust methods, and document cleaning choices to ensure transparent, accurate analyses.
Apply fundamental counting principle and related techniques to quantify probability, using factorials, permutations, and combinations, and decide when order matters or repetition changes the total outcomes.
Explore Kolmogorov's axioms, the non-negativity, normalization, and finite additivity, and apply the complement, addition, and multiplication rules to analyze independent and dependent events.
Explore conditional probability by restricting the sample space with known information and computing the probability of A given B. Learn to test independence using contingency tables and practical examples.
Explore Bayes theorem with its four building blocks—prior, likelihood, evidence, and posterior—and learn to update beliefs with evidence, consider base rates, and apply it to medicine, spam, and decisions.
Learn to assign numbers to outcomes with discrete random variables, use the probability mass function, and compute the long-run average through expectation and its linearity.
explore variance as the measure of spread around the mean, learn its relation to standard deviation, and see how shifting or scaling data affects both the average and the spread.
Explore continuous random variables and how probability becomes area under a density curve, compute mean and variance, and examine uniform, exponential, and normal distributions through practical examples.
Explore uniform, normal, and exponential distributions, their shapes and probabilities via area under the curve, with uniform on [a,b], normal around mu with sigma, exponential for waiting times.
Explore the normal distribution, calculate probabilities with z scores and standardization, and apply the empirical rule to assess data spread, linking to confidence intervals and regression analysis.
Learn how populations relate to samples using parameters and statistics, and how randomness and representativeness enable reliable inferences from a well-designed sample.
Identify probability and non-probability sampling methods—simple random, stratified, cluster, systematic—and recognize biases like selection, non-response, and measurement to improve reliability and representativeness.
Explore the central limit theorem, showing that as n increases, the sampling distribution of the mean becomes approximately normal, guiding inference with standard error and confidence intervals.
Define and compute point estimates from samples to guess population parameters such as mu, p, and sigma squared, and explain unbiased, consistent, efficient, and sufficient properties.
Master interval estimation by constructing and interpreting confidence intervals for means and proportions, using the estimate, standard error, and critical value (or bootstrap) to reflect sampling variability.
Explore the difference between precision and accuracy, and distinguish statistical significance from practical significance in estimation. Learn how confidence intervals and effect size guide meaningful real-world decisions.
Define hypothesis testing, distinguish the null and alternative hypotheses, and apply p-values and power to decide whether sample evidence supports a population claim.
Learn the five steps of hypothesis testing—state H0 and H1, select alpha, compute a test statistic, find the p-value, and interpret results—applied to one- and two-tailed tests.
Apply the 5-step framework to one-sample tests, comparing a sample mean to a known population mean using z-test or t-test, and interpret results with p-values and confidence intervals.
Compare means from two groups with independent or paired t-tests, decide the design via a simple independence check, verify normality and equal variances, and interpret p-values alongside Cohen's d.
Learn how statistical power and effect size shape study conclusions by planning with sample size, variability, and significance level, and by interpreting p-values alongside Cohen's d.
Learn to report statistical findings clearly, and ethically, including test type and its purpose, descriptive stats, assumptions, results, confidence intervals, effect size, power, and interpretation, with reproducibility and transparency.
Explore how t-tests and regression form a unified framework, learn about correlation, predictive modeling with binary and continuous predictors, and practice hypothesis testing, interpretation, and SPSS applications.
update your mental model of work for 2026 by understanding how value is created, evaluated, and rewarded across roles and industries, with AI's impact and a tool-agnostic approach.
Pause to reset and reflect on durable practices that truly move outcomes in 2026. Leverage AI as a baseline, using it responsibly to enhance judgment and decision making.
Identify the enduring workflow that outperforms novelty in 2026, emphasizing clear problem framing. Pair high quality inputs with an AI assistant, then add human validation and communication to deliver outcomes.
In 2026, output is cheap; professionals stand out by prioritizing the right work and connecting it to outcomes. Judgment and ownership—explainability and accountable decisions—drive trust across roles.
In 2026, data science professionals shift from experimentation to operational AI, prioritizing repeatable, reliable workflows integrated into daily analysis, research, and decision support.
In 2026, default work patterns center on framing problems, acting under ambiguity, and explaining work clearly under time pressure across data science, DevOps, and product.
Balance speed with responsibility in 2026 by separating decisions into low-risk and high-stakes, using AI to accelerate safely while preserving human judgment, accountability, and ownership.
In 2026, treat AI outputs as advice, not authority; validate high-stakes decisions manually, and explain AI outputs to stakeholders to protect trust and compliance.
Focus on delivering meaning, not more output: frame insights around decisions, reduce noise, and provide clear implications, so what, and actionable confidence for stakeholders.
Frame the work before tools to ensure decisions and outcomes matter; identify assumptions and risks, ask what decision this supports, what could go wrong, and who owns the outcome.
Learn to build career defensibility in 2026 by focusing on defensible work that uses judgment, trust, and domain depth to withstand automation.
Focus on durable capabilities like critical thinking, domain expertise, ethical judgment, communication, and learning agility to stay valuable as tools evolve, guiding decisions while tools draft and pattern-finding.
Identify one habit to stop, one to keep, and one to build, then apply these to your role to strengthen judgment, credibility, and defensibility as tools change.
Are you ready to move beyond just spreadsheets and start making data-driven decisions based on solid statistical evidence? If you know that a career in Data Science, Business Intelligence, or Analytics demands more than simple averages, this course is your complete guide to building that essential quantitative foundation.
Master the Statistical Foundations of Data Science and Business Analysis
This is the practical, hands-on course you’ve been looking for. We designed it for one purpose: to give you the practical skills to confidently handle data and make reliable statistical inferences.
By the end of this course, you will be able to:
Build a solid foundation in descriptive statistics (mean, median, dispersion).
Master core probability concepts like conditional probability and Bayes' Theorem.
Understand and apply key probability distributions (Binomial, Poisson, Normal).
Perform real-world hypothesis testing (like T-tests) to validate business decisions with data.
Why is Statistical Fluency Your Career Superpower?
In the modern world, data is the new oil. But raw data is useless. The real value is in the insights extracted from it. Companies like Google, Netflix, and Amazon use statistical models as the backbone of their decision-making. If you want a career in data, you must speak the language of statistics.
This course is your translator. It bridges the gap between being a "Data User" (who just looks at dashboards) and a "Data Analyst" (who can build and question them). We ensure you have the conceptual clarity and the Python coding skills to work with data confidently and responsibly.
How This Course is Taught (Your Practical Toolkit)
We believe the only way to learn statistics is by doing. We'll start from Lesson 1, "Introduction to Data and Variables," and build your knowledge logically, module by module.
Clear & Simple: We have broken down complex topics like Bayes' Theorem, the Central Limit Theorem, and p-values into easy-to-follow steps.
Real-World Focus: We emphasize practical application over abstract theory. We use real-world examples to discuss common pitfalls like sampling bias, effect sizes, and the limitations of statistical tests, ensuring you become an effective and ethical data analyst.
You will gain the skills to handle data quality issues, outliers, and missing values. You'll learn to construct and interpret confidence intervals and execute one-sample and two-sample T-tests to test real hypotheses.
Ready to start your data science journey with a rock-solid statistical foundation?
Enroll now, watch the free preview lectures, and begin building the quantitative skills that employers demand!
Course Author
Dr. Alex Amoroso, PhD
Lead UX & Product Researcher | Head of School (MTF)
Dr. Alex Amoroso is a Senior UX and Product Researcher with over 10 years of experience helping organisations turn research and data into better product decisions.
Her work sits at the intersection of research, product strategy, and decision-making. She has conducted large-scale studies with over 6,000 users across B2B and B2C environments, producing 30+ research reports that have directly informed product direction, user experience design, and innovation initiatives.
She has worked with organisations across Europe on data-driven products, analytics platforms, and IoT systems—partnering with cross-functional teams to translate complex insights into clear, actionable decisions.
Alongside her industry work, Dr. Amoroso teaches Advanced Research Design and Methodologies to doctoral students and serves as Head of the School of Business and Management at the Institute of Management, Technology and Finance.
She holds a PhD in Health Anthropology, with research focused on human behaviour, environmental stress, and quantitative data analysis. Her academic work has been published in multiple peer-reviewed journals.
In her courses, she combines:
Academic rigour
Real-world product case studies
Practical frameworks you can apply immediately
Her focus is simple:
help professionals move from insights → decisions → impact.
Course provided by MTF Institute of Management, Technology and Finance
MTF Institute is a global educational and research institute headquartered in Lisbon, Portugal. We offer hybrid business and professional education in the areas of Business and Management, Science and Technology, and Banking and Finance.
MTF Institute R&D Center conducts research in Artificial Intelligence, Machine Learning, Data Science, Big Data, Web3, Blockchain, Cryptocurrency and Digital Assets, Digital Transformation, Fin-tech, E-commerce, and the Internet of Things.
MTF Institute is an official partner of Deloitte, IBM, Intel, and Microsoft, and is a member of the Portuguese Chamber of Commerce and Industry and the Union of Trade and Services Associations of Lisbon.
MTF Institute has a global presence across 216 countries and territories and has been chosen by more than 1 mln. students.
Exclusive: The Career Accelerator Edition
Why is this course unique?
By enrolling in this special edition, you unlock three strategic career advantages:
1. Dual Certification & Direct Verification Go beyond the standard. Upon completion, you will receive not only the Udemy certificate but also the Official MTF Institute Certificate and Student ID.
· Direct Validation: You will gain access to our automated system to issue your credentials instantly directly from the Institute.
· Credibility: This independent verification adds a layer of professional authority to your CV, recognized by our global partners.
2. Portfolio Building & LinkedIn Visibility In job market, visibility is everything. We don't just teach you skills; we help you showcase them.
· Show, Don't Just Tell: We encourage you to post your course projects and case studies directly to your professional profiles.
· Career Boost: Follow our guidelines to add your new certification to your LinkedIn profile correctly. This simple step significantly improves your visibility to recruiters and demonstrates your commitment to continuous professional development.
3. Access to a Global Professional Community Education is more powerful when shared. You are not learning alone.
· Network: Join thousands of professionals worldwide who trust MTF Institute.
· Stay Informed: Gain the opportunity to subscribe to our industry insights and newsletters, keeping you ahead of trends in management and technology.
Start your transformation from a student to a recognized professional today.