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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 4156	yes	IIM Bangalore

Students must pay Rs. 4,156 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	4,156

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

Statistical skills

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

Data AnalystBusiness AnalystBusiness Development ExecutiveData EngineerBusiness ManagerBusiness Development ManagerBusiness StrategistBusiness Process Architect

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)

1: Why must one learn this course from edX?

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.

2: How long is this course?

The total duration of the course is 7 weeks. Efforts of 2-4 hours are a must.

3: Is the certificate of edX useful?

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.

4: Is this an instructor-led training?

No, this is self-paced learning where students will learn from the comfort of their homes at their own pace.

5: What is the course type?

The type, of course, is self-paced.

6: Are there any prerequisites included in this course?

Students must have a good grip of Calculus and Algebra in order to take up this course.

7: What are the course timings?

There aren't any specific timings as this is a self-paced course. Students can access the lectures any time they wish.

8: Are there any demo lectures available?

Yes, it is advised that students must watch the demo lecture which is present on the course page before taking up the course.

9: Who are the instructors?

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.