Statistics for Data Science and Business Analytics
Learn key statistical concepts and techniques to analyze data with IIM Ahmedabad Alumnus
Lectures -31
Duration -6 hours
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Course Description
Are you looking to lay a strong statistical foundation for data science, analytics, and decision-making? This beginner-to-intermediate level course is designed to simplify even the most complex statistical ideas using practical examples, so you can become confident with data analysis, hypothesis testing, and regression modeling.
What You'll Learn:
Module 1: Introduction to Statistics –
Understand the application of statistics in data science
types of data
major differences between descriptive & inferential statistics.
Module 2: Descriptive Statistics –
Understand measures of central tendency (mean, median, mode)
Measure of dispersion (range, variance, standard deviation)
visualize data using histograms, box plots, and scatter plots.
Module 3: Probability Basics –
Master concepts of probability
conditional probability
Bayes' theorem
Module 4: Probability Distributions –
Understanding Discrete and Continuous Probability distributions
Binomial Distribution
Poisson Distribution
Normal Distribution
Exponential Distribution
Central Limit Theorem(CLT)
Module 5: Inferential Statistics –
Discuss sampling methods
What are confidence intervals
hypothesis testing
Errors of type
t-tests & z-tests
chi-square test understanding
Module 6: Regression & Correlation-
1. Causation and correlation understanding
2. Linear Regression Analysis-coding exercise
3. Understanding the Linear Regression equation
4. Understanding the main summary statistics of Regression
5. Main assumptions and limitations in Simple Linear Regression
6.Multi Linear Regression ( soon to be added)
Goals
Why Take This Course?- Easy-to-understand explanations using everyday examples
- No advanced math knowledge needed—concepts explained naturally
- Hands-on experience with statistical software and visualization methods
- Critical to data-driven decision-making careers
After completing this course, you will be able to apply statistical methods with confidence to analyze data, test hypotheses, and create predictive models—a required skill set for any data professional. This intermediate-to-beginner level course is intended to demystify even the most complicated statistical concepts using real-world examples, so you can feel confident with data analysis, hypothesis testing, and regression modeling.
Prerequisites
Who Is This Course For?- Aspiring Data Scientists, Business Analysts, and Researchers
- MBA & Analytics Students looking to strengthen their statistical foundation
- Students & professionals in Finance, Marketing, and Business Strategy
- Anyone looking to interpret and analyze data effectively

Curriculum
Check out the detailed breakdown of what’s inside the course
Introduction to Statistics
3 Lectures
-
What is Statistics? 11:57 11:57
-
Types of Data 09:49 09:49
-
What is Descriptive Statistics and Inferential Statistics? 07:00 07:00
Descriptive Statistics
6 Lectures

Probability Basics
3 Lectures

Probability Distributions
6 Lectures

Inferential Statistics
7 Lectures

Regression and Correlation
6 Lectures

Instructor Details

Mandar Zarekar
Become the best version of yourselfHello Everyone,
This is Mandar Zarekar, IIM Ahmedabad Alumnus, Post Graduate in Business Analytics , founder of Mudraa Career Guidance Centre and also a UCLA certified Global Career Counselor.
I have been working as a Faculty for Quantitative Aptitude & Reasoning for more than 15 years. Having worked with reputed institutes like TIME, IMS, Testrocker in India & trained thousands of students preparing for different aptitude tests & entrance exam, I am on a mission to help thousands of students to enhance their aptitude skills through my simple courses to achieve your goal.
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