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
The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.
- 5 stars86.92%
- 4 stars10.14%
- 3 stars1.15%
- 2 stars0.83%
- 1 star0.94%
TOP REVIEWS FROM EXPLORING AND PRODUCING DATA FOR BUSINESS DECISION MAKING
When it comes to statistics, "In professor Dutta we trust". Amazing course. Amazing transition from one subject to another. Truly worth while sessions.
This professor does an exceptional job of breaking down complex concepts and calculations without diluting the material. The statistical examples are highly relevant and interesting.
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.
The separation of the concepts and Excel skills made the lessons very easy to navigate. Although I knew the concepts from a previous statistics course, the Excel skills made everything feel like new!
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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