Leverage statistics to make informed decisions to solve ambiguity and uncertainty

What you will learn

• Use basic probability concepts and apply various probability distributions to solve business problems.
• Draw conclusions about populations based on sample information using methods of statistical inference.
• Use hypothesis testing methods to measure the significance of differences between samples, or between a single sample and a benchmark.
• Analyse and interpret the relationships between variables using simple and multiple regression analysis models.
• Use statistical methodologies to forecast trends in future data.