Indian Institute of Technology Bombay

Statistics For Data-Driven Decision Making

Indian Institute of Technology Bombay

School of Management

About Programme

This course is designed to provide knowledge of statistical concepts and techniques to enable effective use of data-driven insights in managerial decision-making. The applications of statistics are vast and span across multiple business domains. This course will help participants appreciate the role of statistics in various segments and understand how to apply statistical tools and techniques to derive meaningful insights and make informed, evidence-based decisions.

Programme Content

Introduction to Statistics, Descriptive Statistics, Overview of open-source software R, Normal Distribution, Testing of Hypotheses, Analysis of Variance (ANOVA), Correlation and Regression.

Programme Benefits

HANDS ON FACILITY:
Learning concepts are reinforced through problem-solving examples based on real-world applications.

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Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

Indian Institute of Technology Bombay

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https://www.iitb.ac.in
Mumbai, India

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Statistics For Data-Driven Decision Making | IIT Bombay