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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

Swayam's Business Statistics course is hugely relevant in this era as statistics play a vital role in the business world, and helps in the quick and accurate decision-making process. To that end, this online course covers descriptive statistics, statistical study, probability, linear regression, and correlation in depth. 

Business Statistics online course is a 12-week online course available at the undergraduate level. By the end of the course, you can become familiar with the concepts of statistics, data collection, and data analysis tools. Additionally, the online course will make you adept at data analysis and interpretation, as well as the concepts of statistics. 

Furthermore, the Business Statistics certification course provides numerous employment opportunities in lucrative roles like data analysts and consultants. This comprehensive programme allows you to hone your decision-making skills in the corporate sector and gives you essential tools essential for data analysis. Take this course to earn a certificate and further your career with a strong professional portfolio.

The Highlights

  • Video lectures
  • Online learning
  • Management study
  • Quick completion
  • 16 weeks course
  • Certificate
  • Course level- Undergraduate

Programme Offerings

  • course certificate
  • Undergraduate-level Course
  • Online lectures
  • 16-week course

Courses and Certificate Fees

Certificate AvailabilityCertificate Providing Authority
yesMaharanis Arts Commerce and Management College for Women, Bangalore

Eligibility Criteria

Candidates must appear for the final exam towards the term end and score at least 40% marks to secure a certificate in Business Statistics. They must also obtain at least 40% marks in the in-course assessment to qualify for the same. 

What you will learn

Statistical skillsData science knowledge

The Business Statistics course will provide extensive knowledge of the following:

  • Fundamental concepts of statistics
  • Classification, presentation, and collection of data
  • Tools and techniques of data analysis
  • Interpretation and Analysis of data

Who it is for


Admission Details

Step 1. If you wish to take the Business Statistics course, you need to apply here: https://swayam.gov.in/

Step 2. Click on ‘Business Statistics’ under the 'ongoing courses' to land on the course.

Step3. Now, choose the ‘JOIN’ tab available at the top of the course page.

Step 4. Finally, provide the essential contact details to start the course.

Application Details

To enrol in the Business Statistics course, you must register with Swayam by creating an account. Upon successful registration, use your e-mail address and password to log in and fill in your details such as name, email ID, education details, contact information, and more.

The Syllabus

  • Introduction to Statistics
  • Collection of data
  • Functions of Statistics
  • Presentation of Data

  • Charting of data
  • Introduction to Excel/SPSS
  • Tabulating data
  • Graphs in Excel

  • Measures of central tendency (Mean)
  • Mode – meaning and computation
  • Median- meaning, and computation
  • Weighted average mean

  • Measures of dispersion
  • Types of dispersion
  • Harmonic mean and geometric mean
  • Standard deviation

  • Correlation
  • Coefficient of variation
  • Bowley's coefficient of skewness
  • Karl Person coefficient of skewness

  • Rank correlation coefficient
  • Karl Pearson's coefficient of correlation
  • Regression- Arithmetic mean
  • Regression analysis

  • Regression coefficients
  • Regression – assumed mean
  • Multiple correlation and regression
  • Introduction to the index number

  • Weighted index numbers
  • Methods of constructing the index
  • Tests for perfection
  • Fisher’s ideal method

  • Consumer price index numbers
  • Chain index numbers
  • Testing of hypothesis, meanings, types
  • One-tailed and two-tailed tests

  • Methods of hypothesis testing
  • Z test- meaning and computation
  • Chi-square test- meaning and computation
  • One sample test- meaning and computation

INTRODUCTION TO SAMPLING
  • INTRODUCTION TO SAMPLING
  • PROBABILITY SAMPLING TECHNIQUES 
  • NON-PROBABILITY SAMPLING TECHNIQUES 
  • STATISTICS OF SAMPLING 
  • ESTIMATION OF SAMPLE SIZE

  • INTRODUCTION TO PROBABILITY, RULES, EVENTS AND ITS ALGEBRA 
  • RANDOM VARIABLES 
  • BINOMIAL DISTRIBUTION 
  • POISSON DISTRIBUTION 
  • NORMAL DISTRIBUTION

Instructors

Maharanis Arts Commerce and Management College for Women, Bangalore Frequently Asked Questions (FAQ's)

1: What are the objectives of this course?

Business Statistics course aims to familiarise learners with concepts of statistics, tools available for data analysis, data collection, classification, and interpretation.

2: What is the time period of this course?

The duration of the Business Statistics course is 12 weeks.

3: What category does this course come in?

The course comes under the category of Management Studies.

4: What is the status of this course?

The Business Statistics course is an ongoing programme.

5: What kind of jobs require Business Statistics?

Business statistics has wide applications in several fields where specialists help in converting data into wealth. It also has employment potential, such as consultants and data analysts. 

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