BUSINESS ANALYTICS AND BUSINESS INTELLIGENCE

Advanced Statistics

The world’s most valuable resource is no longer oil, but data.A century ago, the resource in question was oil. Now similar concerns are being raised by the giants that deal in data, the oil of the digital era. Data science is the art of uncovering the insights and trend in the data which surrounds us.

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About the course

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Multivariate Statistical techniques are important tools for understanding Analysis of Dependence and Analysis of Interdependence. The techniques covered in this course would help you in testing for differences between groups, estimating and predicting the impact of an independent variable on a dependent variable, and characterizing the underlying factors, given a set of items, that best summarize the data using dimension reduction techniques.

This course provides you with a working knowledge of basic concepts of most important multivariate techniques, with an overview of actual applications in various fields. A reasonable level of competence in hypothesis testing is needed.

Skills you will gain

  • ANOVA
  • Regression
  • Factor Analysis
  • PCA

Course Syllabus

Module 1

Advanced Statistics

6.5 Hrs

3 Quizzes
  • One way ANOVA
  • Two way ANOVA
  • Simple Linear Regression
  • Analyzing Goodness of fit for regression model
  • Simple Linear Regression Model Review
  • Multiple Linear Regression
  • Introduction to Factor Analysis
  • Terminologies of Factor Analysis
  • Factor Loadings and Applications of Factor analysis
  • Show more

Project

Predict the median housing value

Course certificate

Get Advanced Statistics course completion certificate from Great learning which you can share in the Certifications section of your LinkedIn profile, on printed resumes, CVs, or other documents.