Statistical Methods for Decision Making

Statistical methods involve hypothesis testing, single variable linear regression, and multiple regression methods to infer any decision. Any of these techniques can be used to suit the best for a given problem statement, and each of these methods adds unique functionality depending upon the need in the problem statement. These techniques can be used to make wise decisions to reduce rework and the errors that follow.

Top profiles like Data Scientists, Data Analysts, Business Analysts, and Machine Learning Engineers are in massive demand, requiring you to learn Statistical Methods for Decision-Making concepts.

Yes, you will get a certificate of completion after completing all the modules and cracking the assessment. The assessment tests your knowledge of the subject and badges your skills.

The free Statistical Methods for Decision Making course explains the essential concepts in detail, which include sampling, normal distributions, hypothesis testing, and its different types, type 1 and type 2 errors, chi-square testing, and ANOVA concepts. With this knowledge, you can basket decision-making skills and apply statistical methods to solve business analytics and data science problems.

The Statistical Methods for Decision Making is a free course, and you can enroll and learn it online at your convenience.

Once you enroll in the Statistical Methods for Decision Making course, you have lifetime access to it. So, you can log in anytime and learn it for free online.

Yes, you can enroll in as many courses as you want from Great Learning Academy. There is no limit to the number of courses you can enroll in at once, but since the courses offered by Great Learning Academy are free, we suggest you learn one by one to get the best out of the subject.

Great Learning is a global ed-tech platform dedicated to the development of competent professionals. Great Learning Academy is an initiative by Great Learning that offers in-demand free online courses to help people advance in their jobs. More than 4 million learners from 140 countries have benefited from Great Learning Academy's free online courses with certificates. It is a one-stop place for all of a learner's goals.

Great Learning Academy provides Statistical Methods for Decision Making course for free online. The course is not only self-paced but also helps you comprehend several topics that fall under the subject with solved problems and demonstrated examples. The course is carefully designed, keeping in mind to cater to both beginners and professionals, and is delivered by industry experts.

Anybody with basic knowledge of computer science and interested in learning Data Science can take up the course. But it would help you if you have a good understanding of Data Science, Business Analytics and Machine Learning concepts.

Enrolling in any of the Great Learning Academy’s courses is just a one step process. Sign-up for the course you are interested in learning through your E-mail ID and start learning them for free online.

Statistical Methods for Decision Making course is designed to give you a base knowledge of Data Science and Business Analytics. You will have to learn other concepts in the subject before you are ready to be a professional in the field. You can enroll in the Data Science Post Graduate program to avail the career services from industry experts.