Basic statistical tools provide a starting point, but when it comes to tackling complex business
scenarios, you often need more. Making informed decisions frequently requires the ability to
devise and test hypotheses.
In this course, you will practice creating and testing hypotheses. You will examine how to
construct a hypothesis that is rigorous and testable and test your hypotheses using different
types of statistical data. Combining this skillset with your foundations in statistics and
probability, you will enhance your understanding of potential outcomes. By the end of this
course, you will be equipped with the skills necessary to back up business decisions with solid
mathematical justification and foster improved communication about your decisions and
with your stakeholders.
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