This course provides an analytical framework to help you evaluate key problems in a structured fashion and will equip you with tools to better manage the uncertainties that pervade and complicate business processes. Specifically, you will learn how to summarize data and learn concepts of frequency, normal distribution, statistical studies, sampling, and confidence intervals.
This course is part of the Managerial Economics and Business Analysis Specialization
About this Course
Skills you will gain
University of Illinois at Urbana-Champaign
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- 4 stars10.09%
- 3 stars1.14%
- 2 stars0.83%
- 1 star0.93%
TOP REVIEWS FROM EXPLORING AND PRODUCING DATA FOR BUSINESS DECISION MAKING
I have learned key concepts of statistics. This course provides very helpful explanations of statistical techniques for analyzing and interpreting data.
I really enjoyed the course. The professor explained the topics very clearly and made a difficult topic very interesting and compelling.
Great course! This course focuses on the practical aspects of statistics and helped me understand how to draw conclusions from statistic reports.
In my opinion, this is a good course. The content really aims at teaching how to better understand and use statistics. In the end, I am glad that I chose this course.
About the Managerial Economics and Business Analysis Specialization
In order to effectively manage and operate a business, managers and leaders need to understand the market characteristics and economic environment in which they operate. In this specialization, you will build a solid understanding of the operation of markets and the macro-economic environment with real-world examples. You will be able to identify firm and country-level economic factors that impact business decisions, develop an analytical framework using statistical tools, and apply economic theory and data in the analysis of business environment and trends to make effective business decisions.
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