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Statistics & Probability

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Overview:

This course is designed for data analysts, statisticians, and learners aiming to build a strong foundation in statistics and probability. You will learn how to calculate and interpret statistical measures, visualize data, and apply probability concepts in data analysis. The course also covers statistical testing, correlation analysis, regression, and time series forecasting, with practical hands-on exercises.

By the end of this course, you will be proficient in statistical analysis, probability distributions, hypothesis testing, and data sampling techniques.

What you’ll learn:

  • Set up the environment and perform basic statistical operations.
  • Understand and calculate measures of central tendency and variability.
  • Visualize data and interpret graphical representations.
  • Apply probability concepts and understand distributions.
  • Perform hypothesis testing and statistical tests.
  • Analyze relationships using correlation and regression.
  • Perform time series analysis and forecasting.
  • Understand data sampling methods and scaling techniques.
  • Handle missing data and perform cross-validation.
  • Apply learned concepts in a mini-project on descriptive statistics.

Course Content

Module 1: Introduction to Statistics and Data Analysis
Lesson 1: Setting Up the Environment 1 Topic
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Lesson 2: Basic Operations and Measures 2 Topics
Lesson 3: Hands-On Practice 1 Topic
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Module 2: Data Visualization and Distribution
Lesson 1: Visualizing Data 1 Topic
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Lesson 2: Probability Basics 2 Topics
Lesson 3: Probability Distributions 3 Topics
Module 3: Hypothesis Testing and Statistical Analysis
Lesson 1: Statistical Hypothesis Testing 2 Topics
Lesson 2: Statistical Tests 3 Topics
Module 4: Correlation and Regression
Lesson 2: Linear Regression 2 Topics
Lesson 3: Multiple Linear Regression 2 Topics
Module 5: Time Series and Forecasting
Lesson 1: Time Series Analysis 2 Topics
Lesson 2: Moving Averages and Exponential Smoothing 2 Topics
Lesson 3: ARIMA Modeling 2 Topics
Module 6: Data Sampling and Validation
Lesson 1: Sampling Techniques 4 Topics
Lesson 2: Estimating and Validating 2 Topics
Module 7: Data Handling and Scaling
Lesson 1: Handling Missing Data 2 Topics
Lesson 2: Data Preprocessing 1 Topic
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Module 8: Project and Real-World Applications
Lesson 1: Mini Project 1 Topic
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FAQs

1. What do Statistics and Analytics entail, and why are they significant?

Statistics is the science of collecting, analyzing, and interpreting data, while analytics involves applying statistical methods to make data-driven decisions. Together, they are critical for solving business problems, optimizing processes, and predicting trends.

2. Who should take the Statistics & Analytics Techniques course?

This Statistics for Data Analysis course is ideal for beginners, data enthusiasts, business professionals, and students looking to gain a strong foundation in statistical methods and analytics techniques for practical applications.

3. What will I learn in this course?

You’ll learn:
Descriptive statistics (mean, median, mode, standard deviation).
Inferential statistics (hypothesis testing, confidence intervals).
Data visualization techniques using charts and graphs.
Predictive analytics techniques like regression analysis.
Real-world applications of statistical models.

4. How long does it take to complete the Statistics & Analytics Techniques course

This course is designed to be completed in 2 to 3 weeks, with a daily commitment of about 1 hour. The timeline is flexible and manageable for busy learners.

5. Are there prerequisites for enrolling in this course?

No prior experience in statistics or analytics is required. Basic math skills and familiarity with spreadsheets or data handling are helpful but not mandatory.

6. Will I work on practical examples and projects during the course?

Yes! You’ll work on projects like:
Analyzing customer trends with descriptive statistics.
Building predictive models using regression analysis.
Visualizing business performance data using dashboards.

7. What tools and platforms will I use in this course?

You’ll gain hands-on experience with:
Tools like Microsoft Excel, Google Sheets, and Tableau.
Make use of Python libraries like Pandas, NumPy, and Matplotlib for analytical tasks.
Statistical software such as R for advanced techniques.

8. What possible opportunities will be available after completing this course?

Graduates can pursue roles such as Data Analyst, Business Analyst, Marketing Analyst, or Operations Analyst. These skills are essential for careers in data-driven decision-making.

9. Will I earn a certification upon course completion?

Yes, you’ll earn a Statistics & Analytics Certification, showcasing your proficiency in statistical methods and data analytics techniques to employers.

10. How does this course differ from advanced analytics courses?

This course covers fundamental statistics and analytics techniques, focusing on core concepts and basic tools. Advanced courses delve deeper into machine learning, big data analytics, and complex predictive models.

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