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Statistics for MBA/ Business statistics explained by example (Udemy.com)

Statistics Made Easy by Excel Simulations. Master most important concepts of introductory statistics through simulation

Created by: Gopal Prasad Malakar

Last updated February 2024

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What you will learn

  • By the end of this course, you should become very comfortable with popular concepts of statistics
  • You should know the genesis of popular statistical concepts
  • You should know how you apply it in business problem
  • You should have the required course material for referral

How it compares

Against the other 461 rated Udemy courses in Data Science on CourseDuck:

  • Rating4.2 out of 5higher than 9% of them
  • Reviews407#258 of 462 by number of reviews
  • Length15.7 hourslonger than 71% of them
  • Last updatedFebruary 2024earlier than 75% of them

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Course Description

What is the course about?

This course promises that students will

Learn the statistics in a simple and interesting way Know the business scenarios, where it is applied See the demonstration of important concepts (simulations) in MS Excel Practice it in MS Excel to cement the learning Get confidence to answer questions on statistics Be ready to do more advance course like logistic regression etc.

Course Material

The course comprises of primarily video lectures. All Excel file used in the course are available for download. The complete content of the course is available to download in PDF format.

How long the course should take?

It should take approximately 25 hours for good grasp on the subject.

Why take the course

To understand statistics with ease Get crystal clear understanding of applicability Understand the subject with the context See the simulation before learning the theory Who this course is for:
MBA StudentsStatistics professionalsStatistics studentsAnalytics professionalsData analytics folksIT folks, Reporting Engineers who want to build their career into analytics or statistical analysis / market research

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Instructor Details

Gopal Prasad Malakar

I am a seasoned Analytics professional with 18+ years of professional experience. I have industry experience of impactful and actionable analytics, data science, decision strategy and enterprise wise data strategy.
I am a keen trainer, who believes that training is all about making users understand the concepts. If students remain confused after the training, the training is useless. I ensure that after my training, students (or partcipants) are crystal clear on how to use the learning in their business scenarios.
My expertise is in Credit Card Business, Scoring (econometrics based model development), score management, loss forecasting, business intelligence systems like tableau /SAS Visual Analytics, MS access based database application development, Enterprise wide big data framework and streaming analysis.
Please refer to my course for
- SAS / Rprogram details (syntax and options)
- SAS / R output deep dive
- Practical usage in Industrial situation

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Reviews

4.2

407 ratings on Udemy

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By Pramathesh Nimkar on 6/7/2020

Type I and Type II errors explained extremely well...and also power of a test... great learnings

By Devanshi Behwal on 5/17/2020

The explanations are not clear and the language off instructor is confusing.

By Nikhil P M on 5/16/2020

PDFs could be better.
Example should be in a separate slide --> with tables, drawings etc.

By Steven Placek on 5/10/2020

I like how the terms were applied to the situation with the copper wire. That made it clear. In fact, I like all the practical examples in this course. This is a great course.

By Kunal on 5/3/2020

I think explanation is not exhaustive enough, lot of things are left on the discretion of student as if he is already aware. I have to look to some YouTube videos to actually understand the concept.Its little stressful.
E.g - Expected Value,Dice 2 coins are very well explained in You tube , but in this video I had struggled to understand.
Another Observation - Trainer is intelligent for himself, but he is not able to explain the concepts clearly and fundamentally, it seams we need to have a prior knowledge of statistics. Even after watching this, I am forced to see other videos or blogs to understand the fundamentals. This is more of just a normal government school type class room training. We see clues from here but go outside to understand properly.
Estimate in CLT is not explained properly - I have to visit outside this course to understand this concept. Please explain as if you are explaining a person who is not a statistician
Ch-4 is poorly explained - I am writing the topic names and have to refer the content outside , means for same article I am forced to go out for understanding, so a 2 hours will be finished in approximately 7- 8 hours
Type1/Type2 error, explained really in a confused manner.

By Shk Khanna on 3/23/2020

Highly recommended if you want to get your basics right.

By Godfrey Luna on 2/16/2020

The Course covers all Statistics for Analytics / Data Science. Instructor is very knowledgeable, and makes the Course easier to digest thru examples. Course also teaches MS Excel Statistical calculations.

By Sagarsy Kc,w on 1/16/2020

Good material but the presentations are very hard to follow and difficult to visualize.

By SivaKumar Veeramallu on 11/3/2019

Simple n clear understanding of concept

By ShanUdemy on 11/1/2019

good explanation with simple example, good job.

By Pravin Bhosale on 7/9/2019

I can't express how happy I am to study this course. It has been a great experience which boosted my confidence levels further about the concepts and techniques. I greatly appreciate Gopal Sir's thought process for creating such an in-depth, well explaining course content. Thank You Sir.

By Ulysses Brown on 5/12/2019

so far, so good

Showing 12 of 79 reviews

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Quality Score

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Overall Score : 84 / 100