SG 4011 Business Statistics and Data Analysis
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Experience in business statistics and analysis is designed to give you a basic understanding of the tools and techniques for analyzing business data. You will master the basic functions of spreadsheets, establish descriptive business data metrics, and develop your own data modeling capabilities. You will also learn the basic concepts of probability, including measuring and modeling uncertainty and use various data distributions and linear regression models to analyze and make business decisions. This specialization ends with the Capstone project, where you apply the skills and knowledge gained to real-life business problems.
Statistics is a science that includes data collection, data interpretation, and final data validation. Statistical analysis of data is the process of performing various statistical operations. It is a variety of quantitative research that aims to quantify data, usually using some form of statistical analysis. Quantitative data mainly includes descriptive data, such as survey data and observational data.
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