Detalle del curso

Analytics for Decision Making

Discover the foundational concepts that support modern data science and learn to analyze various data types and quality to make smart business decisions.

Acerca de este curso

Want to know how to avoid bad decisions with data?

Making good decisions with data can give you a distinct competitive advantage in business. This statistics and data analysis course will help you understand the fundamental concepts of sound statistical thinking that can be applied in surprisingly wide contexts, sometimes even before there is any data! Key concepts like understanding variation, perceiving relative risk of alternative decisions, and pinpointing sources of variation will be highlighted.

These big picture ideas have motivated the development of quantitative models, but in most traditional statistics courses, these concepts get lost behind a wall of little techniques and computations. In this course we keep the focus on the ideas that really matter, and we illustrate them with lively, practical, accessible examples.

We will explore questions like: How are traditional statistical methods still relevant in modern analytics applications? How can we avoid common fallacies and misconceptions when approaching quantitative problems? How do we apply statistical methods in predictive applications? How do we gain a better understanding of customer engagement through analytics?

This course will be is relevant for anyone eager to have a framework for good decision-making. It will be good preparation for students with a bachelor’s degree contemplating graduate study in a business field.

Opportunities in analytics are abundant at the moment. Specific techniques or software packages may be helpful in landing first jobs, but those techniques and packages may soon be replaced by something newer and trendier. Understanding the ways in which quantitative models really work, however, is a management level skill that is unlikely to go out of style.

This course is part of the Business Principles and Entrepreneurial Thought XSeries.

Que aprenderás

  • Variability in the real world and implications for decision making
  • Data types and data quality with appropriate visualizations
  • Apply data analysis to managerial decisions, especially in start-ups
  • Making effective decisions from no data to big data (what should we collect and then what do we do with all this data?)

Conoce a tus instructores

imagen de instructor

Rick Cleary

Professor and Chair, Division of Mathematics…

Babson College

imagen de instructor

Nathan Karst

Assistant Professor of Applied Mathematics

Babson College

imagen de instructor

Davit Khachatryan

Assistant Professor of Statistics and Analytics

Babson College

imagen de instructor

George Recck

Lecturer & Director of the Math Resource…

Babson College

imagen de instructor

Babak Zafari

Assistant Professor of Analytics and Statistics

Babson College

Obtén un certificado para resaltar el conocimiento y las habilidades que adquiriste ($ 49USD)

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  • Oficial y aprobado

    Obtén un certificado con el logotipo de la institución y la firma de un profesor para demostrar tus logros y aumentar tus prospectos profesionales

  • Fácil de compartir

    Agrega el certificado a tu currículum u hoja de vida, o publicalo directamente en LinkedIn

  • Medida motivacional demostrada

    Concédete a ti mismo un estímulo adicional para completar el curso

  • Apoya nuestra labor

    EdX es una organización sin fines de lucro que se sustenta mediante la expedición de certificados y su objetivo es colaborar en el establecimiento de una educación gratuita y accesible para todo el mundo

Ir al curso

Categoría: Business & Management

Nivel : Introductory

Institución : Babson College

Valor : GRATUITO
Agregue un certificado aprobado por $49 USD

Esfuerzo : 4-6 horas a la semana

Duración : 4 Semanas

Prerequisitos

Algebra

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