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Вернуться к Business Applications of Hypothesis Testing and Confidence Interval Estimation

Отзывы учащихся о курсе Business Applications of Hypothesis Testing and Confidence Interval Estimation от партнера Университет Райса

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Оценки: 635
Рецензии: 98

О курсе

Confidence intervals and Hypothesis tests are very important tools in the Business Statistics toolbox. A mastery over these topics will help enhance your business decision making and allow you to understand and measure the extent of ‘risk’ or ‘uncertainty’ in various business processes. This is the third course in the specialization "Business Statistics and Analysis" and the course advances your knowledge about Business Statistics by introducing you to Confidence Intervals and Hypothesis Testing. We first conceptually understand these tools and their business application. We then introduce various calculations to constructing confidence intervals and to conduct different kinds of Hypothesis Tests. These are done by easy to understand applications. To successfully complete course assignments, students must have access to a Windows version of Microsoft Excel 2010 or later. Please note that earlier versions of Microsoft Excel (2007 and earlier) will not be compatible to some Excel functions covered in this course. WEEK 1 Module 1: Confidence Interval - Introduction In this module you will get to conceptually understand what a confidence interval is and how is its constructed. We will introduce the various building blocks for the confidence interval such as the t-distribution, the t-statistic, the z-statistic and their various excel formulas. We will then use these building blocks to construct confidence intervals. Topics covered include: • Introducing the t-distribution, the T.DIST and T.INV excel functions • Conceptual understanding of a Confidence Interval • The z-statistic and the t-statistic • Constructing a Confidence Interval using z-statistic and t-statistic WEEK 2 Module 2: Confidence Interval - Applications This module presents various business applications of the confidence interval including an application where we use the confidence interval to calculate an appropriate sample size. We also introduce with an application, the confidence interval for a population proportion. Towards the close of module we start introducing the concept of Hypothesis Testing. Topics covered include: • Applications of Confidence Interval • Confidence Interval for a Population Proportion • Sample Size Calculation • Hypothesis Testing, An Introduction WEEK 3 Module 3: Hypothesis Testing This module introduces Hypothesis Testing. You get to understand the logic behind hypothesis tests. The four steps for conducting a hypothesis test are introduced and you get to apply them for hypothesis tests for a population mean as well as population proportion. You will understand the difference between single tail hypothesis tests and two tail hypothesis tests and also the Type I and Type II errors associated with hypothesis tests and ways to reduce such errors. Topics covered include: • The Logic of Hypothesis Testing • The Four Steps for conducting a Hypothesis Test • Single Tail and Two Tail Hypothesis Tests • Guidelines, Formulas and an Application of Hypothesis Test • Hypothesis Test for a Population Proportion • Type I and Type II Errors in a Hypothesis WEEK 4 Module 4: Hypothesis Test - Differences in Mean In this module, you'll apply Hypothesis Tests to test the difference between two different data, such hypothesis tests are called difference in means tests. We will introduce the three kinds of difference in means test and apply them to various business applications. We will also introduce the Excel dialog box to conduct such hypothesis tests. Topics covered include: • Introducing the Difference-In-Means Hypothesis Test • Applications of the Difference-In-Means Hypothesis Test • The Equal & Unequal Variance Assumption and the Paired t-test for difference in means. • Some more applications...

Лучшие рецензии

KG

Oct 17, 2017

Professor explains well and makes it easy to not only understand, but to remember what you learned in previous lessons even if you are going back after a long period of time between lessons.

CA

Jun 09, 2019

A rewarding experience because I have been able to learn very valuable information. It is an excellent course. It has helped me in the personal and professional field. Thank you.

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26–50 из 96 отзывов о курсе Business Applications of Hypothesis Testing and Confidence Interval Estimation

автор: Sumit J

Feb 04, 2020

Learning was great. Concepts were explained in a lucid manner. Easy to understand. Thank you.

автор: Wellington G S

Sep 14, 2017

In depth course regarding hypothesis testing. Even better than the course I had in my degree.

автор: Kelly R

Sep 28, 2019

Course was very informative and the concepts were presented in an easy to understand format.

автор: Hamilton C d R

Oct 18, 2017

Great course! Very practical application of statistics on excel. The professor is excellent.

автор: Matija H

Oct 21, 2017

Excellent and educational course for everyone interested in statistical hypothesis testing.

автор: Andrew A

Sep 05, 2019

Absolutely excellent learning format with a professor that clearly presents the material.

автор: jorge l

Jun 12, 2018

good class, clear and concise. thanks to well organized presentations done by the teacher

автор: Andrii K

Apr 29, 2018

Very good course with a lot of applied examples and step by step detailed explanation.

автор: Victorino M

Feb 07, 2020

Excellent course, it helped me a lot to understand hypothesis testing using excel. !

автор: Dr. U S

Apr 04, 2020

I have better understanding of excel and research interface and research too.

автор: Mark H

Apr 23, 2018

Good summary of how to test hypothesis. I look forward to putting this work.

автор: shwetamehna

Jun 22, 2019

If you want to learn the basics of hypothesis, then this course is for you.

автор: Emil R

Dec 27, 2018

Great course. Excellent Instructor. Absolutely worth the time and effort.

автор: Arushi S

Jun 23, 2017

concept was very nicely explained. The excel examples were very helpful

автор: sutan a m

Mar 23, 2019

easy to follow! the rule of thumbs helps a lot, and a lot of examples.

автор: Victoria

Oct 04, 2018

Concise practical approach to business hypothesis testing in excel.

автор: Jean-Philippe M

Aug 06, 2019

Excellent teaching and great course. Enjoyed every bit of it!

автор: Gregory L

Nov 22, 2018

Loved the course; great materials, great pace, great practice

автор: Tim L

May 27, 2018

This is the class where it really started to get interesting.

автор: Damilola D

May 23, 2018

This was a helpful course. I can't wait to apply it at workl

автор: Manish A

Apr 17, 2018

A very insightful and detailed course on Hypothesis Testing

автор: Yizhi H

Apr 02, 2020

I truly enjoyed this class! The instructor is the best!

автор: Bhola P

May 29, 2018

just go for it. This is just amazing. Loved it totally.

автор: Faris D A

Jan 31, 2020

It was a really helpful course, many thanks to you!!!!

автор: Noro B

Jun 12, 2017

great course to learn statistics and advacend excel