Udemy
    •  
    •  
    •  
    •  
    •  
    •  
    •  
    •  
Turn what you know into an opportunity and reach millions around the world.
Learn More
Your cart is empty.
Keep shopping
Statistics Foundations for Business and Research
New
12 students

Statistics Foundations for Business and Research

Learn Mean, Median, Standard Deviation, Skewness, and Statistical Thinking Through Practical Examples
Created byMA ICT B.V
Last updated 6/2026
English

What you'll learn

  • Understand the role and importance of statistics in business, research, and decision-making
  • Differentiate between descriptive and inferential statistics
  • Calculate and interpret Mean, Median, Mode, Range, and Standard Deviation
  • Understand Normal Distribution, Skewness, and Kurtosis using practical examples
  • Learn how to summarize and analyze data effectively
  • Understand populations, samples, variables, and measurement scales

Course content

3 sections8 lectures1h 48m total length
  • What is Statistics?15:29

Requirements

  • No prior knowledge of statistics is required

Description

Statistics is one of the most important skills for students, researchers, managers, and business professionals who want to understand data and make informed decisions. Whether you are working on a university assignment, conducting research, analyzing business performance, or preparing a dissertation, a solid understanding of statistical concepts is essential.

This course provides a practical and beginner-friendly introduction to the foundations of statistics. It is designed for students and professionals who want to understand statistical concepts without getting lost in complex mathematical formulas. The course focuses on building a strong conceptual understanding using real-world business examples, visual explanations, and hands-on Excel exercises.

Throughout the course, you will learn how to summarize and interpret data using measures such as Mean, Median, Mode, Range, and Standard Deviation. You will also explore Normal Distribution, Skewness, and Kurtosis, helping you understand the shape and behavior of data. In addition, you will learn the difference between Descriptive and Inferential Statistics, understand the concepts of Population and Sample, and discover how statistical thinking is applied in business and research environments.

The course uses practical examples inspired by real business scenarios, making it easier to understand how statistics is used to solve everyday problems and support decision-making. Excel demonstrations are included to help you perform calculations and analyze data without requiring advanced statistical software.

By the end of this course, you will have a solid foundation in statistics and the confidence to interpret data, understand research findings, support business decisions, and continue your journey into more advanced statistical analysis and research methods.

Who this course is for:

  • Business students who need to understand and apply statistics in their studies
  • MBA students looking to strengthen their data analysis and decision-making skills
  • Research students working on assignments, dissertations, or thesis projects
  • Working professionals who want to use data to support business decisions
  • Entrepreneurs and business owners interested in analyzing business performance and trends
  • Managers who need to interpret reports, surveys, and statistical results
  • Beginners with little or no prior knowledge of statistics
  • Students preparing for university-level statistics courses
  • Anyone interested in learning how to analyze and interpret data effectively
  • Individuals who want to gain practical statistics skills using Excel