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Foundations of Statistics

(English)

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Course Highlights

Course Highlights

About the Course

09 hrs 18 mins

16 Lessons

20 Handouts

3 Assignments

3 Assessments

12 Months Access

The Foundations of Statistics course equips learners with essential skills for effectively analyzing and interpreting data. Participants will explore how to define and structure statistical problems, master techniques for visually representing data through charts, graphs, and diagrams, and gain proficiency in summarizing data using measures such as mean, median, mode, and standard deviation. Emphasis is also placed on understanding different data distributions like normal and skewed.
The course comprehensively covers probability theory, including topics such as conditional probabilities and Bayes’ theorem, enabling learners to update probabilities based on new evidence. Additionally, participants will delve into correlation coefficients to analyze relationships between variables, ensuring they can confidently apply descriptive and summary statistics to practical problem-solving scenarios.
By the end of this course, learners will have the tools necessary to navigate complex data environments effectively, make informed decisions, and derive meaningful insights across diverse fields of study.

Course Structure

  • Course Overview 3.55
  • Problem Setting 43.40
  • Graphical Representation 34.45
  • Descriptive Statistics 27.22
  • Measure of Central Tendency – 1 44.30
  • Measure of Central Tendency – 2 34.25
  • Measure of Dispersion – 1 17.04
  • Measure of Dispersion – 2 26.39
  • Shape of Distribution 34.07
  • Problem Exercises ( Descriptive & Summary Statistics) 35.27
  • Introduction To Probability 36.21
  • Probability Rules 41.22
  • Conditional Probability – 1 40.40
  • Conditional Probability – 2 32.04
  • Bayes’ Theorem 41.22
  • Correlation Analysis – 1 32.34
  • Correlation Analysis – 2 34.49

Your Instructor

Prof. (Dr.) Masood H. Siddiqui is a seasoned academic with extensive expertise in Statistics, Analytics, and Data Science. He currently serves as Professor & Head of the Dept. of Statistics at the University of Lucknow, following previous roles including Dean (Research) and Pan-Area Chair (Decision Sciences & Analytics) at Jaipuria Institute of Management, Lucknow.
Dr. Siddiqui holds a Ph.D. in Mathematical Statistics and was a CSIR-UGC Fellow in Mathematical Sciences. He has authored the book “Statistics for Management” and has published over fifty research papers in esteemed journals. His consultancy work spans over three hundred Faculty Development Programs (FDPs) and Management Development Programs (MDPs), and he holds three Indian Patents published in 2023.
 
Prof. (Dr.) Masood H. Siddiqui

Professor & Head | Dept. of Statistics | University of Lucknow

Course FAQs

This course is suitable for professionals, managers, and students who want to enhance their analytical skills and make informed decisions using statistical methods. It is beneficial for anyone involved in business analytics, market research, operations management, finance, and other fields requiring data analysis.

While no specific prior knowledge of statistics is required, familiarity with basic mathematical concepts and an understanding of fundamental business principles would be beneficial.

By completing this course, participants will gain the ability to analyze data critically, make data-driven decisions, and communicate findings effectively. These skills are highly valued in various industries and can enhance career prospects in roles involving data analysis and decision making.

Upon completing the payment process, you will receive an email confirmation from our team within five minutes. You can then use your login credentials to access the course through the Dashboard, allowing you to learn at your own pace and convenience.

Upon completing the course, you will receive a certificate of completion, which you can download from your Dashboard.

Earn a Certificate

After finishing the course, you will get a Certificate of Completion.

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