TecdeMonterreyX: Introduction to Data Science and Basic Statistics for Business

Course Description

Welcome to "Estadística para la toma de decisiones en los negocios" (Statistics for Business Decision Making), an advanced-level course offered by TecdeMonterreyX. This comprehensive program is designed to empower you with the essential skills required to become a proficient decision-maker and leader in today's data-driven business world.

What students will learn from the course

In this course, you will develop crucial competencies in:

1. Analyzing statistical elements of information
2. Understanding concepts and statistical foundations for the application of data science

You'll master descriptive statistics, study and analyze discrete and continuous probability distributions, and learn interval estimation for means and proportions. By the end of the course, you'll be able to:

• Apply basic statistical methods to real-world business scenarios
• Utilize technological tools to enhance your quantitative skills
• Interpret the results of statistical methods applied to businesses

Pre-requisites or skills necessary to complete the course

To succeed in this advanced course, you should have:

• A Bachelor's degree
• Basic understanding of mathematics and business concepts
• Familiarity with computer software for data analysis (though not mandatory)

What the course will cover

• Descriptive statistics
• Types of data and measurement scales
• Organization and graphic representation of qualitative and quantitative data
• Measures of central tendency, position, and dispersion
• Discrete probability distributions
• Continuous probability distributions
• Interval estimation for mean and proportion
• Application of statistical concepts to business decision-making

Who this course is for

This course is ideal for:

• Business professionals seeking to enhance their decision-making skills
• Data analysts looking to strengthen their statistical knowledge
• Aspiring leaders in data-driven industries
• Anyone interested in applying statistical methods to real-world business problems

How learners can use these skills in the real world

The skills acquired in this course are invaluable in today's business landscape. You'll be able to:

• Make informed decisions based on data analysis
• Interpret complex business data and derive meaningful insights
• Predict trends and outcomes using probability distributions
• Enhance business strategies through statistical modeling
• Communicate data-driven recommendations to stakeholders effectively

Syllabus

1.1 Types of data; Measurement scales; Organization of qualitative and quantitative data; Graphic representation

1.2 Measures of central tendency; Position measurements; Measures of dispersion; Descriptive statistics on your laptop

2.1 Discrete random variable; Density and cumulative probability functions; Mean and variance of a discrete random variable; Fundamental properties

2.2 Poisson distribution; Binomial Distribution

3.1 Continuous random variable; Density and cumulative probability functions; Mean and variance of a continuous random variable; Fundamental properties

3.2 Uniform Distribution; Normal distribution

4.1 Confidence intervals calculation; Calculation of sample size required for a given estimation error

4.2 Student's t distribution

By enrolling in this course, you're taking a significant step towards becoming a data-savvy business leader. Don't miss this opportunity to enhance your decision-making skills and drive your career forward in the exciting world of data-driven business!