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Week 1: Descriptive Statistics (Total video duration= 2
hours. You will be required to spend 25 minutes/day
along with practicing datasets and quizzes)
Learning Outcomes from the Module:
After learning from this module, learners will be able to understand:
What is Statistics and why is it important in the field of Analytics
Measures of Central Tendency- Mean, Median and Mode
Measures of Dispersion- Range, IQR, Standard Deviation
Visualization using Histograms, Box plots and Outliers
Hands-on using a case study
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Mentor Session Duration: Faculty Name: No. of videos:
2 hours Dr. P K Viswanathan and Mr. Gurumoorthy 4
Video Duration of Conceptual
Video Name Topics Covered
No. the video or Hands On
Overview of the Course We will learn about the 4 fundamentals of Conceptual
1 25:32 Business Analytics. We will be given an
overview of 4 modules of the course namely
Descriptive Stats, Probability, Distributions,
Estimation and Hypothesis Testing.
We will learn how to transform Raw Data Conceptual
29:50
Measures of Central Tendency into meaningful information. We will be
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introduced to the concept of measures of
central tendency like mean, median, and
mode.
3 Measures of Dispersion 26:21 We will learn about the measures of Conceptual
dispersion like Range, Interquartile range,
standard deviation, and variation and
Visualization techniques like histogram and
box plot.
4 Descriptive Statistics 40:00 Understanding the application of Descriptive Hands On
Hands-on Statistics using Cardio Good Fitness Case Study
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Few textbooks
that you can refer to:
1
Business Statistics : A First Course
By Kathryn A Szabat David M. Levine, P. K. Viswanathan, David
Stephan
2
Statistics for Business and
Economics
by David R. Anderson, Dennis J. Sweeney