Basics of Statistics – Part 1

Explain What is Statistics.Understand the uses of Statistics and Types of Variables.How to graphically present the data.Understand Probability, Combination, Permutation.Welcome to the course Basics of Statistics – A Comprehensive Study.  We all use Statistics in every walk of our life while taking decisions.  Not only in the corporate world, but also in our personal life we use Statistics because most of the information we get is in the form of data.  These data are used to arrive at a decision in both our personal and professional life. In corporate world, large chunks of such quantitative data is collected, organized and presented using statistics in a concise form to help people analyze and interpret the data for their purposes.Who should enroll in this course?This course is relevant for Students, Freshers, Business people, Entrepreneurs and those working in various organizations. This course is highly recommended for those involved in collecting data and doing surveys. Why should you enroll in this course?Statistics is a very important branch of mathematics and it has several uses such as follows:It helps in gaining a better understanding of a phenomenon of nature.It helps in capturing and getting the exact description of a phenomenon of nature.In any field of study, statistics helps in conducting in a proper organized and efficient planning of a statistical inquiry.It helps in gathering of appropriate quantitative data.It helps to easily and clearly understand and comprehend complex data.It helps in representing complex data in an easy and understandable manner by presenting the data through tabular, diagrammatic and graphic form.What you will learn in this course?This is a comprehensive course which covers all the basic concepts of statistics in detail. You can learn the following through this course:-What is StatisticsUses of StatisticsTypes of VariablesMajor Sources of DataKey Terms of StatisticsSteps for Presentation of DataVarious Measures of Central TendencyMethods of Graphical Presentation of DataWhat is ProbabilityTypes of Discrete DistributionsHow this course is Structured?The entire course – Basics of Statistics is split into 15+ modules, all in video formats.  The course begins with an interesting Introduction part which insists the importance of learning statistics and its uses. After the basic concepts are explained this course teaches you how to use the data and represent it in graphical or pictorial format.  A separate module has been created which teaches you how to prepare frequency distribution table and Standard Deviation. All the basic concepts are explained with case studies and real life examples which can be directly applied in your day to day work life. The various formulae in Statistics are explained with relevant example to make you understand well. Various key points are highlighted and relevant graphics and images are used to improve your reading. What are the prerequisites for taking this course?You need a good internet connection and have basic understanding of English.  No experience or qualification is required for enrolling in this course.How you will benefit from this course?After learning this course, you will come to know how to use large chunks of quantitative data and represent it in a graphical format which in turn can be used in decision making process.  It helps to use sample data to validly infer and measure the reliability about the population parameters, It helps to understand the pattern of variability of a phenomenon, It helps to carry out quantitative observations which are useful in understanding the nature of a phenomenon.Who this course is for:This course is good for management learners and people who want to learn about Basics of Statistics