Corporate Finance Institute
Statistics Fundamentals

## Overview

### Statistics Fundamentals Course Overview

Statistics Fundamentals introduces the foundational concepts needed to run a statistical test and interpret the results. We will overview the landscape of statistics exploring descriptive statistics and various approaches to inferential statistics. You’ll learn not only the types of approaches but also why we need different approaches and how data scientists go about selecting the best approach. In this course, you’ll also get a chance to run hypothesis tests on real and simulated data sets using Excel’s Data Analysis ToolPak. We’ll also examine key fundamental concepts like the Central Limit Theorem, Empirical Rule, and Law of Large Numbers and you’ll apply what you learn through exercises.

The topics covered in this course will support you in conducting good analysis, applying data to business decisions, and exploring the more advanced topics within the Business Intelligence and Data Analysis program such as machine algorithms.

### Statistics Fundamentals Learning Objectives

Upon completing this course, you will be able to:
• Define and recognize the key branches of statistics
• Identify the various approaches to inferential statistics and their strengths and weaknesses
• Identify strategies for constructing an unbiased hypothesis test
• Assemble and perform a two-tail t-test

### Who should take this course?

The Statistics Fundamentals course is perfect for anyone without a background in statistics who would like to build up their understanding or for those who just want a refresher. This course is designed to equip anyone who desires to begin a career in data analysis, quantitative analysis, business intelligence, or other areas of business and finance with an understanding of foundational statistics tools and concepts.

### Statistics Fundamentals

4.9

Level 2

Approx 3h to complete

100% online and self-paced

Lesson
Multimedia
Exams
Files

## This Course is Part of the Following Programs

Why stop here? Expand your skills and show your expertise with the professional certifications, specializations, and CPE credits you’re already on your way to earning.

### Business Intelligence & Data Analyst (BIDA®) Certification

• Skills Learned Data visualization, data warehousing and transformation, data modeling and analysis
• Career Prep Business intelligence analyst, data scientist, data visualization specialist

### FinTech Industry Professional (FTIP™)

• Skills Learned Financial Technology Fundamentals, Data Science and Machine Learning, Cryptocurrencies and Blockchain
• Career Prep Data Science and Machine Learning, Data Analyst, Business Analyst, Software Developer

## What Our Members Say

Very good learning experience
The course content was very helpful.

#### Joseph Tettey Nartey

Great Course
This has been one of my best courses so far!

#### Oni Segun John

CFI skills
CFI has equipped me with the needed skills for the job market.

#### Bedrick Antwi

Succinct
I would suggest this course to anybody interested in gaining hands-on experience and suitable statistical knowledge. It is the finest. Cheers CFI!

#### William Mburu

What are the requirements to take the courses?
All of our certification programs are open to students and professionals in various industries and levels of experience. Our curriculum is designed to teach what you need to know from basic fundamentals to advanced practical case studies. To take the courses and complete the exercises, students will only need access to a PC and/or Mac, Microsoft Suite (2016 or newer), and a stable internet connection. Click here to view the Technical Requirements
Can I download the Excel files and financial modeling templates for the course?
Absolutely! All the files and templates needed in a course are available for download. Just look for a module that shows Downloadable Files within the course dashboard. See here for a visual guide on how to do this.
How long do I have to complete the courses?
You will have yearly access to the courses as long as you maintain an active subscription. All the courses are self-paced as well so you can take your time in learning without worrying about any deadlines. Click here to compare our available enrollment options.
Are CFI courses officially accredited?
Yes, CFI is accredited by the Better Business Bureau® (BBB) to maintain training standards, the CPA Institutions in Canada, and the National Association of State Boards of Accountancy (NASBA) in the USA. Most of our courses qualify for verified CPE credits for CPA charter holders. Please refer to this page to view all available CPE credits.
Are there any additional fees or costs?
None! The bundle price includes everything and there are no additional fees or charges to earn your digital certification. You can see our enrollment fees listed here.
What currency are your courses priced in?
All our online courses are priced in USD. As this is a recurring payment, we accept all major credit and debit cards including Visa, MasterCard, and American Express.
How do I earn my certificates?
Students must complete all the video lessons, quizzes, and final assessments in each course. You can retake the assessments as many times as necessary until you reach an 80% passing grade. For more information on how to earn a course certificate, click HERE.
How are the exams conducted?
Students are required to complete an online assessment (Multiple choice questions, Fill-in-the-Blanks, and Excel Questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 80% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need. Students are also required to complete the FMVA® final exam to earn their certification. How to Take a Qualified Assessment
Can I email the instructor if I have questions?
While the courses are designed mainly for self-study, we are happy to provide email assistance for general or technical support inquiries. The Full Immersion bundles include a premium email support function that allows you to communicate directly with in-house experts regarding course content. This is one of the key features that sets the Full Immersion bundle apart and makes it a worthwhile upgrade over the more affordable self-study bundle. You can compare more features in our bundles here.
Will these courses help me advance my career?
Based on hundreds of reviews from thousands of students we know how CFI courses have helped so many people advance their finance careers. Our courses are designed to be extremely practical and simulate the experience of being trained as a professional financial analyst…the ultimate way to advance your career. For real-world examples and to help delve even deeper into the course concepts, please look into our free career resources library.
More Questions?
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