Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study | Video and Text Based |
Course Overview
The most important aspect of the business is Statistics. The Statistics for Business - II is designed by professionals which covers various topics and strategies of Business Statistics.
This course focuses on probability which is useful to follow a specified data distribution. Students represent real-life events using variables such as Normal, Binomial, and Poisson. They learn how to counterfeit data that is distributed using these variables. The duration of the course is 7 weeks which is divided into 2-4 hours per week. After the completion of the course, edX provides a certificate of completion. It is a self-paced course that lets the students study at their own comfortable pace. EdX brings this course in association with IIM Bangalore which is one of the most prestigious institutions in India. It is a bilingual course such that it teaches in both English and Hindi. It also provides video transcripts in both English and Hindi so that students won’t face any difficulty in following the lectures.
Overall, this course nurtures the students and transform them into professionals in Business Statistics.
The Highlights
- 7 weeks of course duration
- Efforts of 2-4 hours per week
- Verified certificate by edX
- Powered by IIM Bangalore
- Self-paced learning
- Freely accessible
Programme Offerings
- Self-paced learning
- Video transcripts
Courses and Certificate Fees
| Fees Informations | Certificate Availability | Certificate Providing Authority |
|---|---|---|
| INR 4172 | yes | IIM Bangalore |
Students must pay Rs. 4,172 in order to get the verified certificate.
Note: No need to pay for the course as it is freely accessible.
The table for the fee structure is given below:
Fee particulars | Amount in Rs. |
Certification fee | 4,172 |
Eligibility Criteria
Certification Qualifying Details
After completing the Statistics for Business - II course, students will be awarded an official and verified certification by edX. It is signed by the instructor and has the institution's logo on it.
What you will learn
The Statistics for Business - II teaches various things such as -
- How to counterfeit variables that follow a particular distribution.
- How to describe variables in probability language and obtain a framework such as variance and mean.
- How to model business real-life events using random variables like Poisson, Normal, and Binomial.
- How to use spreadsheets to examine huge datasets.
- How to draw a sample of simple random from people.
- How to create suitable business questions of datasets and how to answer them.
- How to analyze data through spreadsheets from different business fields such as Economics, Human Resources, and Finance.
- How to use R-Statistical Programming Language which is used for data analysis.
Who it is for
The Statistics for Business - II course is best suited for individuals such as -
- People who are passionate about Business Statistics and make a good career out of it.
- Professionals of Business Statistics who want to acquire new ideas, strategies, and techniques to get higher salary packages, new projects, higher positions, and so on.
Admission Details
Students must obey certain steps to sign up for the Statistics for Business - II course. They are -
Step 1: Go to the course page on the edX website through the link: https://www.edx.org/course/statistics-for-business-ii
Step 2: Click on 'Enroll Now' on the top.
Step 3: Kindly, sign in to your edX account. If you don't have one then, sign up.
Step 4: Fill in your credentials and verify your account.
Step 5: Students can access the course after the account verification.
The Syllabus
- Exercise
- Leading Digits in Datasets
- Continuous learning this content is graded
- Rstudio data I/O
- Rstudio building blocks
- Continuous learning this content is graded
- Exercise
- Continuous learning this content is graded
- The R platform
- EdX and QM101.2x
- Revision questions
- Welcome to QM101.2x
Analysis of portfolio demo
- Poisson distribution
- Exponential distribution
- Recap and outlook
- Aggregate stock price data
- Time series
- Distributions: joint, marginal, and conditional
- Variation in random variables
- Random variables
- Exercise
- The expectation of random variables
- Summarising the data
- Cleaning the data
- Getting started
- Interpreting results
- Analyzing data with R
- Exercise
- Stats on the cloud
- Binomial distribution
- Exercise
- Uniform distribution
- Recap and outlook
- Advanced features
- Plotting in Rstudio
- Monte Carlo simulation
- Simulation: generic variables
- Outlook
- Simulation: standard distributions
Interview
- Slides
- Final part 3: bike share
- Caselet 1
- Caselet 2
- Final part 1: commodities exports
- Final part 2: Tuscan reviews
- Normal distribution
- Independence of variables
- Visualizing normal distribution
- Recap and outlook
Instructors
IIM Bangalore Frequently Asked Questions (FAQ's)
This course is brought to you by edX in association with IIM Bangalore which is one of the best institutions in India. The instructors are highly talented and experienced. This is an add-on course along with an MBA.
The total duration of the course is 7 weeks. Efforts of 2-4 hours are a must.
Yes, it is a verified certificate by edX signed by the instructor. It is a great achievement. It helps you to get job placements, promotions, salary hikes, and so on.
No, this is self-paced learning where students will learn from the comfort of their homes at their own pace.
The type, of course, is self-paced.
Students must have a good grip of Calculus and Algebra in order to take up this course.
There aren't any specific timings as this is a self-paced course. Students can access the lectures any time they wish.
Yes, it is advised that students must watch the demo lecture which is present on the course page before taking up the course.
The instructors are from IIM Bangalore which is one of the most prestigious institutions in India. They are highly skilled and experienced in this field. They shape up the career and put the students on the right path for a better future.