Statistics for Business - II
Examine data drawn from allied fields of business such as Finance and HR, and learn how to simulate data to follow a specified distribution.
About this course
What you'll learn
- To use spreadsheets to analyze larger datasets
- To pose pertinent business questions of datasets and to answer them
- To describe a random variable in probabilistic terms and derive parameters such as mean and variance
- To draw a simple random sample from a population
- To model business phenomena with known random variables such as Binomial, Poisson and Normal
- To simulate variables that follow a prescribed distribution
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