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Course Description

By integrating several tools and concepts in applied statistics, you are now ready to make even more precise future predictions. The process of fitting these tools into a model that represents your data accurately is known as regression. Despite the term “simple regression model,” it can prove to be a formidable tool in business decision making.

In this course, you will practice working with regression models. You will discover how to construct a linear model of the relationship between two variables. You will also use a simple regression model to calculate statistics of interest for your business question or hypothesis. Finally, you will make predictions about the future behavior of a system based on the regression model. Since a multitude of situations can be accurately explained and predicted using this type of model, this skillset will set you up for success in your future business analysis efforts.

You are required to have completed the following courses or have equivalent experience before taking this course:

  • Data Analysis and Probability
  • Decision Analysis
  • Continuous Distributions
  • Sampling
  • Hypothesis Testing

Faculty Author

David Juran

Benefits to the Learner

  • Construct a linear model of the relationship between two variables
  • Use a simple regression model to calculate statistics of interest
  • Make predictions about the future behavior of a system based on the regression model

Target Audience

  • Professionals looking to uncover insights from data
  • Students who are pre-MBA or considering earning an MBA
  • Analysts and researchers
  • Individuals interested in moving into an analyst role
  • Anyone seeking to leverage statistical or analytic skills

Applies Towards the Following Certificates

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Enroll Now - Select a section to enroll in
Type
2 week
Dates
Jul 10, 2024 to Jul 23, 2024
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $0.00
Section Notes

IMPORTANT COURSE INFORMATION

  • Please note the content in the Applied Statistics course curriculum was developed to be completed in sequential order as course concepts build throughout the program. With this in mind, please be sure you are scheduled to complete or have completed the courses in order. For example; JCB571 prior to JCB572, JCB572 prior to JCB573, etc.
Type
2 week
Dates
Dec 25, 2024 to Jan 07, 2025
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $0.00
Section Notes

IMPORTANT COURSE INFORMATION

  • Please note the content in the Applied Statistics course curriculum was developed to be completed in sequential order as course concepts build throughout the program. With this in mind, please be sure you are scheduled to complete or have completed the courses in order. For example; JCB571 prior to JCB572, JCB572 prior to JCB573, etc.
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