Name: Statistics Fundamentals
Rating: 4.86 (321 reviews)

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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. An image of a bivariate exercise done in the course.

An image of a bivariate exercise done in the course.

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

Led by Joseph Yeates

Get Started Enroll For Free

Level 2

Approx 3h to complete

100% online and self-paced

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What you'll learn

Lesson

Multimedia

Exams

Files

Course Introduction

Course Introduction Free Preview

Downloadable Files

The Statistical Landscape

Chapter Introduction - Statistical Landscape Free Preview

The Anatomy of a Data Set Free Preview

Descriptive vs Inferential Statistics Free Preview

Approaches to Inferring Probability Free Preview

Interactive Exercise

Assumptions in Inferential Statistics

Interactive Exercise

The Flow Chart

Interactive Exercise

Descriptive Statistics

Chapter Introduction - Descriptive Statistics

Measures of Central Tendency

Interactive Exercise

Measures of Dispersion

Normal Distribution

Interactive Exercise

Kurtosis

Asymmetric (and Other) Distributions

Interactive Exercise

Excel - Univariate Analysis

Univariate vs Bivariate

Correlation

Simple Linear Regression

Interactive Exercise

Excel - Bivariate Analysis

Inferential Statistics

Chapter Introduction - Inferential Statistics

Population & Samples

P-values

Calculating p-values

Alphas & Confidence Levels

Proving a Difference vs Rejecting No Difference

Degerming Sample Size

Law of Large Numbers

Central Limit Theorem

Excel - Law of Large Numbers

Hypothesis Testing

Chapter Introduction - Hypothesis Testing

Hypothesis Testing Steps

Stating the Hypothesis

Setting the Alpha & Confidence Level

Selecting the Hypothesis Test

Running a Two-Tailed Hypothesis Test

One-Tailed Test

Running a One-Tailed Hypothesis Test

Errors in Hypothesis Testing

Reporting the Results

Conclusion

Course Summary

Qualified Assessment

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

Statistics Fundamentals is part of the Business Intelligence & Data Analyst (BIDA)® certification, which includes 33 courses.

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

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What our students say

Grate delivery by the facilitator
It is refreshing to take the fundamental of statistics from the CFI. The facilitator did a great job.

Ewaenosa David Osagie-Igiehon (CRCMP)

Excellent Way to Learn Statistics Fundamentals Very Quickly
Please go through this Statistics Fundamentals course if you are interested in pursuing any of the BI, DA courses.

G H Prabhu

Great learning experience
It was well paced and detailed enough to help me understand the fundamentals of statistics. I found the learning experience to be very captivating and engaging and the tests also helped the contents to be hard coded into my mind in a much better way.

Kiranraj Tanwar

I would love to take more courses. This is informative at the same time challenging. Students couldn't just simply get the certificate of the free course without hard work!

Jeff Chavez

the content need to extended with more details
in order to offer more insight for learners

sampa musonda

very nice and engaging
I have never felt this kind of introduction for a while

Olawale Oye

Simple and educative sesssion

Khadijat Olajumoke Rasaq

My journey of a thousand miles
Hands down, CFI courses are the best ones that I have taken. The language is so simple and clear that even non-finance students like me can deeply understand and apply the concepts. The instructors are real experts in their domain who impart so much knowledge and wisdom through these courses. Thank you!

Venkatesh Rallapalli

Statistics fundamentals
Statistics Statistics fundamentals are useful to the office of the President, organisations and schools and should be encourage in Ghana

Frederick Kofi Arhin

Great Course
Statistics Fundamentals! A great revision course it was for me

JUSTINE KACHANTA

Fantastic
I highly recommend your platform because it is really excellent for learning several valuable courses

Weiam Adel Harwan

Good content and flow

Ghaidaa Bukhari

exciting experience
Thanks for you efforts

Neama Hantira

Enhanced cognitive skills
Become aware of new methods to approach a problem

Kefuwe Lebakeng

Wonderful
Informative, got a certificate, and for free

Abdul Rehman Waqar Ahmed

Very satisfied
Very informative content and got fundamental knowledge of statistics.

Mikheil Kakabadze

Easy to follow
Easy to understand language and examples from real life makes it easy to follow and comprehend.

Farooq Anwer

i learn a lot from cfi
learing and new skill

JRV SIMHACHANDRA

Easy to follow and understand

Oluwatosin Fasakin

Engaging
Very informative and engaging

Modupe Kafi

It was Awesome
Keep on providing service

James Msiska

Great
Im learning all over again but this time at my own place. I feel very involved and inspired.

Devin Ellington

You guys are just fantastic
Thank you sooo much for what you guys are doing and continue to do for the student community, your courses help us a lot.

Anu Priya P

Detailed
The course content is well detailed and defined

Rudolf Nutor

Very interesting
The course is easy to understand

Eguolor DOLOR

I recommend this course strongly for those who want to understand by magical way from such great institute.

Hossam Tammam

A good experience! It takes endurance, but it's completely worth it.

Elodie Ouelo

Very educative and practical
Take this advantage and make the best of knowledge of data analytics

ISAAC ABIMBOLU

I had a period of sabbatical before college, so I didn't have a good foundation, but I took statistics as a course in college. This online class has helped me a lot!

Ximan Ding

Excellent Statistics refresher
Step by step of statistics concepts and how they are applied in the real world. I love how the concepts are demonstrated using the approach of real-world examples. I recommend this course to any statistics beginner and an excellent course for those that want to refresh on statistics.

Linda Etuhole Nakasole

Clear Approach
Clear Approach and understandable approach to statistics

Konstantinos Lekkas

Insightful
Insightful & Engaging

Cecil Oduro-Nyarko

My experience has been so nice
I would recommend this service to many other statisticians out there

Brian Tumushime

the very best
gained a lot of practical insights

Davidson Mhuru

Thrilling
The lessons are outlined in a well specialised manor , I am happy to learn new things

Tinashe Madondo

I love how the tutor use hypothesis testing to measure outcomes in real world

Kenneth Kiarie

quite an interesting course and sharpens one`s mind in thinking
I would encourage all students to do something under Statistics

STANLEY DUBE

Review
Great experience Thanks

Orilabawaye Faith

Statistics is fun
A great gateway to gain knowledge about Statistics fundamentals.

Omar Almuzaini

Tough
was quite difficult thou engaging

Ajah Chukwuemeka James

this is the best course to transform your work jurisdiction and improve your skills to be the best in your abilities to apprehend your future ambitions to be a future leader.

Darlington Musapenda

Awesome
Great Learning experience

Charles Awematu Azakem

PRECISE AND INTERACTIVE CONTENT
Statistics plays a fundamental role in analysis business and this course content has proven to offer a precise, and interactive content on the fundamentals of statistics.

PAUL NGUTI KAVEVO

Excellent!
This is a wonderful course...reminded me of much..

Stephen Maduveko

Great
Strongly Recommended

Safaa Mustafa Amin Elsenaty

Great course!
The course content feels up to date and applicable to real life business use cases, and the short videos intelligibly summarise a lot of information

Alexander Parry

Amazing
Its been amazing and I look to more insights for the remaining courses ahead

Charles Osei-Wusu

Excellent
Detailed, educative and engaging contents.

Folake Fadeyi

I had a good experience
I recommend this to everyone

John Fynn

Love it
I have always wanted to go through basic probability and this is worth it

Chioma Okoli

I loved the course content very much.
It was a great one, I'd encourage others to be keen in order to understand since there are no interactive exercises in between.

Laventer Otieno

There's always a lot to learn

Muhammad Baba Usman

STATISTICS FUNDAMENTALS
I already finished this course and got a certificate. i can do better things than this with will of God

ABDI JABESA

Interactive
It was engaging and insightful

Emmanuel Chukwuemeka

AWESOME
PAINSTACKING THOUGH, BUT IT WAS WORTH IT

Julian Otuma

Engaging
A very engaging course

Pule Molise

good
the exams is very advance.

Osifo Hope Osagioduwa

Content was so educative

Kazibwe Ivan Tommy

DO HARD THINGS
Be prepared to do the hard things!

Oluwaseun Emmanuel Ogunjobi

Awesome
Keep giving your best shots....

OPEYEMI OLALEYE

This was one interesting topic.
Needs one to be attentive to detail.

Lynnette Inyanji Wafula

Good clear videos. Well thought presentation.
Great content. Challenging in a good way.

Ndumba Methuselah Chisengi

Well Tailored Easy To Grasp
The material is well explained with bite-sized videos and visuals easing the consumption of otherwise daunting material. This would have made my undergraduate experience soo much easier.

Michael Gikandi

This course provided me a clear understanding on how Statistics is reviewed and manipulated and as well , how important we can use Stats on a dalily basis.
I've been trying to pass that exam over a year , and after reviewing the lessons and made some manipulations in real life i was finally able to succeed. It was one of the great feeling i ever had.

Gregory Hans Defay

the experience has been great
do it again and again

Peter Lugalia

BIDA
Extremely informative

Denis Gitumu

It only took a few days. Now I'm hooked!
When I first came across the CFI and the courses it offers, I didn't make much of it. However, after just a few days of trying out some of the free courses I can't seem to get enough of their material. This is awesome, thank you CFI team.

Sam Andati

excellent course
This course is the perfect choice for anyone who struggles with basic of statistics

Younes seffahi

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

Impressively set up course
It was a bit tricky topic but precisely covered in layman terms and in detail

Sakshi Juvekar

Fantastic
It was a great learning process

Isogun Temitope

NICE COURSE
The course is very good.

RAPHAEL ADEMOLA ODUNAIYA

Lovely
it was very interactive and learnt a lot of new concepts

Mariama Quarshie

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

Bedrick Antwi

Statistics Fundamentals nt
This course improves my knowledge of descriptive and inferential statistics, especially using excel to conduct the tests. Kudos to the entire CFI team.

Oluwasegun Abayomi Oginni

Awesome
Good introductory course to data analysis especially because it factors in the use of excel

JOSEPH MUTENGA GULOBA

Educational
I'm getting a career out of this

Akinrinade Oluwaseun

This was an amazing experience.
It was intense however so rewarding - i had to learn how to manage my time properly and try to have the courses completed. Where i would fail especially with the course assessments, i would take a step back, go back to the course videos just in case i missed something. I also had a notebook where i could write down key points during the lecture and go through them whenever i had the opportunity. Thank you ALX for this amazing opportunity.

CHRISTINE TUMUHAIRWE

Awesome
It was a good experience learning Statistics

Maurice Gichuru

great
wonderful experience

IFENNA EZRA EZEOFOR

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

Oni Segun John

this is totally new and i love it
everything is on point

Melda Ochola

All is fine . Methodology good
Thanks for this amazing experience

AKOUETE KENNETH TOGBO

Exposure to hypothesis was cool

Oluwadamilola Henry Abikure

Very good learning experience
The course content was very helpful

Joseph Tettey Nartey

Very educative
Extensive coverage on the course

Ezra Wanyama Waswa

Good One
Easy to follow course

Gift Oghogholosu

Informative
pay attention to the exercises

Maureen Onovae

Engaging
I felt engaged and learnt a lot all through the slides of the course. It's has added more knowledge to my statistics skills.

Isaac Tari

Highly recommend
Great course content

CHRISTIAN NWACHUKWU

I enjoyed the course
It will teach you all need to know

Scholastica Shall

CFI IF GREAT👍👍👍
learning with Cfi is indeed an awesome experience

Bidemi Damola Oluwanishola

great
great course content i love it

BULALE JAMA

Great Intro to Statistics
The content was a great refresher on Statistics fundamentals

Bobie Osei-Tutu

Course is intersting

Selorm Bright Ackom

Investment Banker
It's a great course and I decided to take the BIDA after my positive experience on the FMVA program

Silas Adomako

Investment Banker
It's a great course and I decided to take the BIDA after my positive experience on the FMVA program

Silas Adomako

Statistics Fundamentals

Raymond Kyara

Great and Expository Course

Israel Ajayi

great learning

kehinde olajide

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