Professional Certificate in Statistical Modeling for Business
-- ViewingNowThe Professional Certificate in Statistical Modeling for Business is a crucial course designed to equip learners with essential skills in statistical modeling for business applications. This program highlights the importance of data-driven decision-making in today's business world and teaches learners how to leverage statistical methods to drive business success.
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โข Introduction to Statistical Modeling: Basic concepts, terminology, and applications of statistical modeling in business.
โข Descriptive Statistics and Data Visualization: Measures of central tendency, dispersion, and data distribution, as well as techniques for data visualization.
โข Probability Theory and Inferential Statistics: Probability distributions, hypothesis testing, and confidence intervals.
โข Regression Analysis: Simple and multiple regression analysis, model selection, and diagnostics.
โข Analysis of Variance (ANOVA): One-way and two-way ANOVA, and their applications in business.
โข Design of Experiments: Factorial designs, randomization, and replication in experimental design for business.
โข Time Series Analysis: Trends, seasonality, and stationarity in time series data, and techniques for time series forecasting.
โข Multivariate Analysis: Factor analysis, cluster analysis, and discriminant analysis.
โข Predictive Modeling and Machine Learning: Decision trees, random forests, and neural networks for predictive modeling.
โข Model Validation and Evaluation: Techniques for model validation, assessment of model performance, and model selection.
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