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Business Statistics and Analysis Course Online

  • This comprehensive course will teach you essential spreadsheet functions, how to measure the performance of a business, develop your proficiency for data modelling, plan better and make predictions about the road ahead.
  • Discover Statistical Fundamentals such as Data Analysis, Probability, Random Variables and Discrete Distributions.
  • Understand basic probability concepts, including how to measure and model uncertainty, use various data distributions, analyse, and inform business decisions.
  • Learn about Continuous & Sampling Distributions, Confidence Intervals and Hypothesis Testing.
  • Get to know the Chi-Square Distribution, F Distribution & One-Way ANOVA, Correlation analysis, and Simple Linear Regression Analysis.
  • On completion of the course, you will be able to make sound judgments, knowing your decisions are based on data and not on assumptions.
  • You will be tested with a final exam, lasting twenty minutes, which you must complete to get your certification.  

Course Content
Business Statistics and Analysis

For a layman, ‘Statistics’ means numerical information expressed in quantitative terms. This information may relate to objects, subjects, activities, phenomena, or regions of space.

  • In this chapter, you will learn about Statistical Problems, Descriptive Statistics, Graphical Methods, Frequency Distributions (Histograms), Other Methods, Numerical methods, Measures of Central Tendency, Measures of Variability, Empirical Rule and Percentiles.
  • In this module you will study Sample Space and Events, Probability of an Event, Equally Likely Outcomes, Conditional Probability and Independence, Laws of Probability, Counting Sample Points, and Random Sampling.
  • This chapter covers Random Variables, Expected Values and Variance, Binomial, Poisson, and Hypergeometric.

This module covers Standard Normal, Normal, Uniform, and Exponential. The continuous recall arises in situations when the population (or possible outcomes) are continuous (or quantitative).

In this chapter, you will learn about the Central Limit Theorem, and the Sampling Distribution of the Sample Mean, the Sample Proportion, the Difference Between Two Sample Means, and the Difference Between Two Sample Proportions.

In this chapter, you will learn to construct and interpret confidence intervals. You will also learn a new distribution, the Student’s-t, and how it is used with these intervals.  Throughout the chapter, it is important to keep in mind that the confidence interval is a random variable. It is the population parameter that is fixed.

Now we are down to the bread-and-butter work of the statistician: developing and testing hypotheses. It is important to put this material in a broader context so that the method by which a hypothesis is formed is understood completely.

The comparison of two independent population means is very common and provides a way to test the hypothesis that the two groups differ from each other.

The chi-square distribution can be used to find relationships between two things, like grocery prices at different stores.

This chapter introduces a new probability density function, the F distribution. This distribution is used for many applications including ANOVA and testing equality across multiple means.

Correlation analysis measures the strength of the arithmetic relationship between two variables. Correlation may be visually represented with a scatter diagram.

In this chapter, you will learn that simple regression analysis defines the mathematical relationship between two variables.

Course Curriculum

Business Statistics and Analysis
Module 1: Statistics Fundamentals 00:15:00
Module 2: Data Analysis 00:30:00
Module 3: Probability 00:30:00
Module 4: Random Variables and Discrete Distributions 00:25:00
Module 5: Continuous Distributions 00:15:00
Module 6: Sampling Distributions 00:15:00
Module 7: Confidence Interval 00:35:00
Module 8: Hypothesis Testing with One Sample 00:25:00
Module 9: Hypothesis Testing with Two Samples 00:15:00
Module 10: The Chi-Square Distribution 00:25:00
Module 11: F Distribution and One-Way ANOVA 00:25:00
Module 12: Correlation analysis 00:20:00
Module 13: Simple Linear Regression Analysis 00:20:00

Course Reviews

Reviews

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Lola Bond
Lola Bond
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The course costs £7.99 each month; however, the first four weeks are free. Try it out with the free sessions, and I'm sure you'll end up subscribing as I did!
Poppy Whitehouse
Poppy Whitehouse
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Keep up the incredible work, Visio Learning. Your classes have blown me away, and I will definitely be taking more.
Shannon Kent
Shannon Kent
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Thank you very much, Visio Learning, for providing students with such excellent opportunities. I've picked up several new talents that have proven to be helpful in my professional life.
Anthony Fisher
Anthony Fisher
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I can't tell you how much this course taught me! There are over 500 courses available on Visio Learning, and I'm going to subscribe for more.
Tyler Mitchell
Tyler Mitchell
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I highly encourage everyone not to squander time and take advantage of Visio Learning's fantastic learning opportunities.
Amy Dean
Amy Dean
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I had no idea that an online course could teach me so much! I'm glad I subscribed for this course.
Jennifer Winter
Jennifer Winter
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I'm glad for the chance to study under world-class educators. Thank you so much, Visio Learning!
Kate Dobson
Kate Dobson
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"I paid £7.99 for a monthly subscription to this course, and trust me, and it's well worth it! This course has taught me so much. "
David Law
David Law
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I'm thrilled to have the chance to learn from world-class professors! It went above and beyond my expectations. I strongly advise everyone to give it a shot.
Leon Davey
Leon Davey
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The course is a wealth of information! I thoroughly enjoyed every moment of it. Strongly recommend!
Sienna Simpson
Sienna Simpson
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Visio Learning offers student help 24/7 students support, and that's amazing! I could contact them with any questions or concerns I have, and they were always willing to help.
Lucas Coleman
Lucas Coleman
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What a fantastic course! I started for free for the first month and couldn't stop myself from subscribing! Highly recommend.
Sienna Leonard
Sienna Leonard
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The top educators are unquestionably found at Visio Learning. I can't express how thorough the instructor was in each lesson, and I could pick up a lot of information.
Abbie Hayward
Abbie Hayward
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"I discovered this website through a friend and joined in the free trial course for the first month. I couldn't resist subscribing for £7.99 each month. It's my third month with them, and I'm having a great time! "
Kyle Pearson
Kyle Pearson
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I had no idea that an online course could provide me with so much information! I appreciate it.
Matthew Thomson
Matthew Thomson
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The instructor was great! I was blown away by how expertly he explained the complex topics.
Olivia Lee
Olivia Lee
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I can't express how fantastic the courses Visio Learning provides. The £7.99/month subscription charge is insignificant when compared to the training quality. I've taken a lot of courses from them, and they've all been great!
Liam Whittaker
Liam Whittaker
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I had previously taken a few online courses that did not match my expectations. I'm delighted I discovered Visio training. It provided me with the most beneficial learning experience. The 24/7 student support helped me immensely with my inquiries.
Faith Sharpe
Faith Sharpe
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"This course was quite beneficial to me. Everyone should give it a try, in my opinion. You may cancel your subscription at any time, but I bet you won't since you'll be delighted by the great classes. "
Jayden Carr
Jayden Carr
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I am a person who is always willing to learn new skills. I took a bunch of online courses, but none of them lived up to my expectations. Thank you for your excellent classes, Visio Learning. They've been quite helpful in expanding my skill set.
Muhammad Field
Muhammad Field
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Excellent classes at a fair price for a subscription. Truly recommend!
Ryan Barry
Ryan Barry
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The instructor was upfront and knowledgeable. His instructions revealed his intelligence. I gained a lot of knowledge and am grateful for the fantastic learning experience.
Brandon Vincent
Brandon Vincent
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In my perspective, they deliver knowledge with care. They were incredibly accommodating anytime I needed help with the courses or anything else. All of my doubts were dispelled. Thank you very much!
Hannah Bates
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"The training I took from them was beneficial in terms of bolstering my CV with new skills. Keep up the great work, Visio Learning! "
Ellis Swift
Ellis Swift
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Thank you so much for the fantastic lessons and welcoming environment, Visio Learning. Access to your classes at any time helped me immensely in learning at my own pace.
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