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Statistics for Data Science and Business Analytics

person icon Mandar Zarekar

4.2

Statistics for Data Science and Business Analytics

Learn key statistical concepts and techniques to analyze data with IIM Ahmedabad Alumnus

updated on icon Updated on Jun, 2025

language icon Language - English

person icon Mandar Zarekar

category icon Teaching and Academics ,Math,

Lectures -31

Duration -6 hours

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4.2

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Course Description

Master the Fundamentals of Statistics and Bring Your Data Analysis to the Next Level!
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
Statistics for Data Science and Business Analytics

Curriculum

Check out the detailed breakdown of what’s inside the course

Introduction to Statistics

3 Lectures
  • play icon What is Statistics? 11:57 11:57
  • play icon Types of Data 09:49 09:49
  • play icon What is Descriptive Statistics and Inferential Statistics? 07:00 07:00

Descriptive Statistics

6 Lectures
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Probability Basics

3 Lectures
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Probability Distributions

6 Lectures
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Inferential Statistics

7 Lectures
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Regression and Correlation

6 Lectures
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Instructor Details

Mandar Zarekar

Mandar Zarekar

Become the best version of yourself

Hello 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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