University of London
Statistics for International Business

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University of London

Statistics for International Business

George Kapetanios

Instructor: George Kapetanios

14,969 already enrolled

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Gain insight into a topic and learn the fundamentals.
3.7

(298 reviews)

10 hours to complete
3 weeks at 3 hours a week
Flexible schedule
Learn at your own pace
80%
Most learners liked this course
Gain insight into a topic and learn the fundamentals.
3.7

(298 reviews)

10 hours to complete
3 weeks at 3 hours a week
Flexible schedule
Learn at your own pace
80%
Most learners liked this course

Details to know

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Assessments

8 assignments

Taught in English

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This course is part of the International Business Essentials Specialization
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There are 4 modules in this course

In our study of statistics, we learn many methods to help us summarize, analyze, and interpret data with the aim of making informed decisions in an uncertain environment. In this first week we introduce tables and graphs that help us get a handle of data. These tools provide visual support for better decision making. With this in mind, we will guide you through the concept of decisions based on incomplete information. Beginning from here, we will introduce you to the concept of population vs. sample, of parameter vs. statistic and of descriptive statistics vs. inferential statistics. We will then go through the concept of describing data, and we will introduce the idea of creating and interpreting graphs to describe categorical and continuous random variables.

What's included

9 videos2 assignments1 peer review

This week we will describe and summarize the information in the data using numerical values or measures that are able to summarise information. This is a crucial extension to the analysis of the previous week. While graphs are informative it is usually crucial for improved understanding of the data at hand to discuss their numerical properties. In this week, we will look at a range of measures, such as measures of central tendency, the range, variance, standard deviation, and so on.

What's included

10 videos2 assignments

Probability theory is a young arrival in mathematics- and probability applied to practice is almost non-existent as a discipline. We should all understand probability, and this lecture will help you to do that. It’s important for you to understand first that the world in which your future occurs is not deterministic- and there are future outcomes where a probability model cannot be developed… This week, we will cover the basic definition of probability, the rules of probability,random variables, -probability density functions, expectations of a random variable and Bivariate random variables.

What's included

18 videos2 assignments

For statistical analysis to work properly, it’s essential to have a proper sample, drawn from a population of items of interest that have measured characteristics. This week, we will cover statistical estimation, sampling distribution of the mean, point estimation, interval estimation, hypothesis testing, the Null hypothesis and look at some real life examples of their use.

What's included

22 videos4 readings2 assignments1 peer review

Instructor

Instructor ratings
3.7 (25 ratings)
George Kapetanios
University of London
2 Courses21,035 learners

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3.7

298 reviews

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