Course description
Statistics for Business Analytics: Samples and Populations
To address questions like these, the course is divided into three topics:
- In Topic 1, we examine the characteristics of point estimates – measurements that we take from samples to make inferences about a population.
- Topic 2 deals with confidence intervals , which help us to establish upper and lower limits about where we think the “true” population characteristic lies, at a certain level of confidence.
- In Topic 3, which is the largest and most important part of this course, we explore hypothesis testing. This includes one-, two- and many-sample forms of testing.
Upcoming start dates
1 start date available
Who should attend?
Prerequisites
This is an Introductory level course, with no prior knowledge in statistics required. Only a basic level of junior high school math is assumed.
Course delivery details
This course is offered through The University of Queensland, a partner institute of EdX.
4-8 hours per week
Costs
- Verified Track -$199
- Audit Track - Free
Certification / Credits
What you'll learn
Upon successful completion of this course, you will be able to:
- Describe the characteristics of point estimates and how they can be used to make inferences about a population.
- Calculate upper and lower bounds of confidence intervals for given levels of confidence.
- Describe the general process for conducting a hypothesis test using the Z-score or p-value methods.
- Conduct a hypothesis test and interpret the meaning of the result for: one mean or proportion against a predetermined standard; two means or proportions against one another; paired data from repeated measurements of the same sample or matched pairs of individuals; and many means using an analysis of variance (ANOVA).
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