Statistics Essentials for Analytics Online Training | Edureka

Statistics Essentials for Analytics

A self-paced course that helps you to understand the various Statistical Techniques from the very basics and how each technique is employed on a real world data set to analyze and conclude insights. Statistics and its methods are the backend of Data Science to "understand, analyze and predict actual phenomena". Machine learning employs different techniques and theories drawn from statistical & probabilistic fields.

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Why should you take Statistics Essentials for Analytics course ?

Online self - paced learning

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Online Self Learning Courses are designed for self-directed training, allowing participants to begin at their convenience with structured training and review exercises to reinforce learning. You'll learn through videos, PPTs and complete assignments, projects and other activities designed to enhance learning outcomes, all at times that are most convenient to you.
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Objectives: At the end of this Module, you should be able to:
  • Understand various data types
  • Learn Various variable types
  • List the uses of variable types
  • Explain Population and Sample
  • Discuss sampling techniques
  • Understand Data representation

  • Introduction to Data Types
  • Numerical parameters to represent data
  •           a. Mean  
              b. Mode 
              c. Median 
              d. Sensitivity 
              e. Information Gain 
              f.  Entropy
  • Statistical parameters to represent data
Objectives: At the end of this Module, you should be able to:
  • Understand rules of probability
  • Learn about dependent and independent events
  • Implement conditional, marginal and joint probability using Bayes Theorem
  • Discuss probability distribution
  • Explain Central Limit Theorem

  • Uses of probability
  • Need of probability
  • Bayesian Inference
  • Density Concepts
  • Normal Distribution Curve
Objectives: At the end of this Module, you should be able to:
  • Understand concept of point estimation using confidence margin
  • Draw meaningful inferences using margin of error
  • Explore hypothesis testing and its different levels

  • Point Estimation
  • Confidence Margin
  • Hypothesis Testing
  • Levels of Hypothesis Testing
Objectives: At the end of this module, you should be able to:
  • Understand concept of association and dependence
  • Explain causation and correlation
  • Learn the concept of covariance
  • Discuss Simpson’s paradox
  • Illustrate Clustering Techniques

  • Association and Dependence
  • Causation and Correlation
  • Covariance
  • Simpson’s Paradox
  • Clustering Techniques
Objectives: At the end of this module, you should be able to:
  • Understand Parametric and Non-parametric Testing
  • Learn various types of parametric testing
  • Discuss experimental designing
  • Explain a/b testing

  • Parametric Test
  • Parametric Test Types
  • Non- Parametric Test
  • Experimental Designing
  • A/B testing
Objectives: At the end of this module, you should be able to:
  • Understand the concept of Linear Regression
  • Explain Logistic Regression
  • Implement WOE
  • Differentiate between heteroscedasticity and homoscedasticity
  • Learn concept of residual analysis

  • Logistic and Regression Techniques
  • Problem of Collinearity
  • WOE and IV
  • Residual Analysis
  • Heteroscedasticity
  • Homoscedasticity
. Call a Course Advisor for discussing Curriculum Details . 1844 230 6362
The practicals are shown in 'R' which is a open-source analytics tool. The step-wise set-up guide for R will be provided to you.

Course Duration

You will undergo self-paced learning where you will get an in-depth knowledge of various concepts that will be covered in the course.

Real-life Case Studies

Towards the end of the course, you will be working on a project where you are expected to implement the techniques learnt during the course.


Each module will contain practical assignments, which can be completed before going to next module.

Lifetime Access

You will get lifetime access to all the videos,discussion forum and other learning contents inside the Learning Management System.


edureka certifies you as an expert in Statistics based on the project reviewed by our expert panel.


We have a community forum for all our customers that further facilitates learning through peer interaction and knowledge sharing.
To help you in this endeavor, we have added a resume builder tool in your LMS. Now, you will be able to create a winning resume in just 3 easy steps. You will have unlimited access to use these templates across different roles and designations. All you need to do is, log in to your LMS and click on the "create your resume" option.
All the instructors at edureka are practitioners from the Industry with minimum 10-12 yrs of relevant IT experience. They are subject matter experts and are trained by edureka for providing an awesome learning experience.
You can Call us at +91 98702 76457 /1844 230 6362 ( US Tollfree ) OR Email us at . We shall be glad to assist you. 
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Statistics Essentials for Analytics