D. Statistical Inference: Understanding Basic Concept of Statistical Inference
D. Statistical Inference: Understanding Basic Concept of Statistical Inference
1. Three Week Topics covered By Professor Rudra on NPTEL except Excel Part.
a. Week 1, Introduction to Business Analytics: What is business analytics?,
Importance of business analytics, Evolution of business analytics, History of
business analytics, Classification of business analytics, Application of business
analytics, Exploring Data and AnalyticsTrends of business analytics, Frameworks
of business analytics, Stepwise process of business analytics, Why business
analytics, Scope of business analyticsData Strategy,
b. Week 2, Exploring Data and Analytics: Understanding of variables for
Business Analytics, Visualization of data, Data architecture, Measurement scale,
Data analytics process flows, Understanding decision models, Structure of
decision models, Knowing the steps of problem solving and decision making,
Understanding to interpret results and making decision, Examples of decision
models, Understanding data, Graphical visualization, Knowing various charts,
Line/column/bar/pie/scatter/bubble/area/surface/radar, Knowing frequency
distribution and histogram, Knowing the concepts of cumulative frequency,
Knowing percentiles,
c. Descriptive Analytics: Knowing the locational measures of data: Mean, median,
mode, Knowing measures of dispersion, Knowing covariance, Knowing
correlation, Knowing partial correlation, Knowing multiple correlation, Variance
covariance matrix, Correlation matrix, Knowing basic concepts of probability,
Knowing various rules of probability, Knowing the concepts of conditional
probability, Knowing the concept of random variables, Knowing the concepts of
probability distributions, Understanding discrete probability distributions,
Understanding continuous probability distributions, Knowing the concept of
sample and population, Understanding sampling and sampling distribution,
Knowing the concept of central limit theorem
d. Statistical Inference: Understanding basic concept of statistical inference:
Sample and population, Point estimation and interval estimation, parameter
Knowing the concept of hypothesis, Understanding the concept of various
distribution: Standard normal (z) (including numericals), t-distribution ((including
numericals), χ² distribution (including numericals), F distribution, testing of
hypothesis (including numericals), confidence interval(including numericals),
ANOVA (numerical using table only), Regression [Simple (including
numericals), Multiple regression], forecasting, Simple Dummy Modeling
2. Tableau Course
a. Tableau Architecture
b. Tableau Products
c. Tableau File types
d. Data types
e. Characteristics of Tableau
f. Measures and dimensions
g. Tableau Interface
h. Charts (Bar Charts, Line Charts, Pareto Charts, Area Charts, Histograms,
Pie Charts, Tree Maps, Scatter Plots, waterfall chart, bullet chart, maps,
Gantt chart, ox and whisker plot, motion charts)
i. Filters (extract filters, data source filters, context filters, dimension filters
and measure filters)
j. Sets (Statistic sets, Dynamic sets, Combined sets)
k. Data blending and data joining
l. Groups, Hierarchies
m. Functions
(Number Functions,String Functions Date Functions · Type Conversion ·
Logical Functions )
n. Level of Detail (fixed, include and exclude)