University of Illinois at Urbana-Champaign
Inferential and Predictive Statistics for Business
University of Illinois at Urbana-Champaign

Inferential and Predictive Statistics for Business

This course is part of Managerial Economics and Business Analysis Specialization

Taught in English

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31,928 already enrolled

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Course

Gain insight into a topic and learn the fundamentals

4.8

(851 reviews)

|

94%

Intermediate level
Some related experience required
19 hours (approximately)
Flexible schedule
Learn at your own pace
Progress towards a degree

Details to know

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Assessments

23 quizzes

Course

Gain insight into a topic and learn the fundamentals

4.8

(851 reviews)

|

94%

Intermediate level
Some related experience required
19 hours (approximately)
Flexible schedule
Learn at your own pace
Progress towards a degree

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This course is part of the Managerial Economics and Business Analysis Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 5 modules in this course

In the course orientation, you will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.

What's included

3 videos7 readings1 quiz1 discussion prompt

Watch any infomercial and you hear many outrageous promises. Use this cream and your skin will look 80% firmer! Use this supplement and you will lose 10 pounds in the first 10 days! Are they telling you the truth? Are they all lying? The only way to know the answer to any of these questions is to scientifically test the claim being made – that is what we call hypothesis testing and what we will learn in this module.

What's included

11 videos2 readings6 quizzes

Does the medicine a person is taking to treat his condition really work better than a sugar pill? Is the new chip-enabled credit card more secure than the magnetic card? How do you know whether the claims being made about anything being “better than” or “faster than” a competitor are true? In this module we will learn to make this comparison.

What's included

11 videos2 readings6 quizzes1 peer review

Does your job involve a lot of sitting? If so, you are at higher risk of coronary heart disease. How do I know this? We got to know the relationship between coronary heart disease and sitting when researchers studied a cohort of London bus drivers and bus conductors from 1947 to 1972. If you want to know more, then read on!

What's included

9 videos2 readings6 quizzes

You are trying to predict next month’s sales numbers. You know that dozens, maybe even hundreds, of things like the weather, competitor’s promotions, rumors, etc. can impact the number. You talk to five people and each one has an idea about what makes the biggest impact, and the only thing they offer is “trust me.” Do you wish there was a better way of doing this rather than relying on blind faith? Well, there is. We can use Multiple Regression to sort through this mess and bring the focus to factors that really do matter.

What's included

7 videos4 readings4 quizzes

Instructor

Instructor ratings
4.8 (117 ratings)
Fataneh Taghaboni-Dutta, Ph.D., PMP, CSM, CSPO
University of Illinois at Urbana-Champaign
7 Courses63,659 learners

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