Applied Statistics Real World Problem Solving

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Applied Statistics: Real World Problem Solving is a comprehensive course designed to equip you with the statistical tools and techniques needed to analyze real-world data and make informed decisions. Whether you’re a business analyst, data scientist, or simply looking to enhance your data analysis skills, this course will provide you with a solid foundation in applied statistics.

  • Introduction to Business Statistics: Understand the basics of data types and their relevance in business, along with the differences between quantitative and qualitative data.

  • Measures of Central Tendency: Learn about mean, median, and mode, and their importance in summarizing data.

  • Measures of Dispersion: Explore standard deviation, mean deviation, and quantile deviation to understand data variability.

  • Distributions and the Central Limit Theorem: Dive into different types of distributions and grasp the central limit theorem’s significance.

  • Sampling and Z-Scores: Understand the concepts of sampling from a uniform distribution and calculating Z-scores.

  • Hypothesis Testing: Learn about p-values, hypothesis testing, t-tests, confidence intervals, and ANOVA.

  • Correlation: Study the Pearson correlation coefficient and its advantages and challenges.

  • Advanced Statistical Concepts: Differentiate between correlation and causation, and perform in-depth hypothesis testing.

  • Data Cleaning and Preprocessing: Master techniques for cleaning and preprocessing data, along with plotting histograms and detecting outliers.

  • Statistical Analysis and Visualization: Summarize data with summary statistics, visualize relationships between variables using pair plots, and handle high correlations using heat maps.

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    By the end of this course, you will be equipped with the skills and knowledge to tackle real-world data problems using applied statistics. Enroll now and take the first step towards becoming proficient in statistical analysis!



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