Inferential and Predictive Statistics for Business

This course provides an analytical framework to help you evaluate key problems in a structured fashion and will equip you with tools to better manage the uncertainties that pervade and complicate business processes. To this end, the course aims to cover statistical ideas that apply to managers by discussing two basic themes: first, is recognizing and describing variations present in everything around us, and then modeling and making decisions in the presence of these variations. The fundamental

• Test hypotheses about populations
• Compare differences between populations
• Use linear regression for prediction
• Perform statistical analysis using Excel