The ability to understand and apply Business Statistics is becoming increasingly important in the industry. A good understanding of Business Statistics is a requirement to make correct and relevant interpretations of data. Lack of knowledge could lead to erroneous decisions which could potentially have negative consequences for a firm. This course is designed to introduce you to Business Statistics. We begin with the notion of descriptive statistics, which is summarizing data using a few numbers. Different categories of descriptive measures are introduced and discussed along with the Excel functions to calculate them. The notion of probability or uncertainty is introduced along with the concept of a sample and population data using relevant business examples. This leads us to various statistical distributions along with their Excel functions which are then used to model or approximate business processes. You get to apply these descriptive measures of data and various statistical distributions using easy-to-follow Excel based examples which are demonstrated throughout the course.
This course is part of the Business Statistics and Analysis Specialization
Offered By


About this Course
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessSkills you will gain
- Statistics
- Statistical Analysis
- Normal Distribution
- Poisson Distribution
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessOffered by
Syllabus - What you will learn from this course
Basic Data Descriptors
Descriptive Measures of Association, Probability, and Statistical Distributions
The Normal Distribution
Working with Distributions (Normal, Binomial, Poisson), Population and Sample Data
Reviews
- 5 stars78.86%
- 4 stars18.06%
- 3 stars2.35%
- 2 stars0.50%
- 1 star0.21%
TOP REVIEWS FROM BASIC DATA DESCRIPTORS, STATISTICAL DISTRIBUTIONS, AND APPLICATION TO BUSINESS DECISIONS
A rewarding experience because I have been able to learn very valuable information. It is an excellent course. It has helped me in the personal and professional field. Thank you.
The most exciting and challenging excel course i have ever taken. It kept me on my toes and provided real life application of statistics. I didn't regret taking this course.
I personally loved it!! Coming from a technical background, it really helped me to understand how we can apply the concepts and techniques to real world/practical problems.
This is one of the best courses i have atended since, the exercises are all related to the topic.Great job. .
Thanks to Mr Sharad Borle for explaining very well the content in this course .
About the Business Statistics and Analysis Specialization

Frequently Asked Questions
When will I have access to the lectures and assignments?
What will I get if I subscribe to this Specialization?
Is financial aid available?
More questions? Visit the Learner Help Center.