Online courses come in many different shapes and sizes. Some last a full academic semester and are stand-alone classes, and some are made up of several different classes where a student is able to earn a certification or degree. Most courses are taught by an expert in the field.
What is an online course in statistics? Statistics is a mathematical science used in data analysis. It involves the collection, analysis and interpretation of data. Students are introduced to two main branches: descriptive statistics and inferential statistics. Subjects may include biostatistics, matrix algebra, modeling, logistic regression or meta-analysis. Statistical analysis can be applied to many areas including economics, psychology, marketing, environmental studies and education.
Many transferable skills are obtained through statistics courses. Students learn to analyze problems. They learn time management and organizational skills. They learn to be patient and persistent. These lessons, patience, organization and the ability to work through complex problems, are relevant to everyday life.
The cost of an online course in statistics depends on school and duration of the course. Check with your school’s admissions office for more detailed information on rates and fees.
Statistics can be a rewarding and exciting career choice. Forensics, environmental studies and government are just a few practice areas that might be available. Forensic statisticians evaluate forensic data using advanced statistical methods to compare probabilities of evidence. Environmental statisticians analyze and interpret environmental data in order help design environmental studies. This field is usually highly interdisciplinary. Government statisticians work across a variety of departments contributing to areas such as research or unemployment figures.
Statistics is used in a wide variety of careers worldwide. In turn, there are many schools across the world that offer online courses in statistics. Explore your options, and when you are ready, search for your program below and contact directly the admission office of the school of your choice by filling in the lead form.
Take your Excel skills to the next level! Master charting, PivotTables, Slicers, Sparklines, and other advanced features of Microsoft Excel 2013, and discover how this powerful MS Office program can boost your productivity. [+]
This Certificate in Introduction to Microsoft Excel 2010 Online Course will teach you dozens of shortcuts and tricks for setting up fully formatted worksheets quickly and efficiently. You'll also learn the secrets behind writing powerful mathematical formulas and discover how to use the function wizard to quickly and automatically calculate statistics, loan payments, future value, and more. [+]
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Stochastic Interest Rates covers practical topics such as calibration, numerical implementation and model limitations in detail. The authors provide numerous exercises and carefully chosen examples to help students acquire the necessary skills to deal with interest rate modelling in a real-world setting. [+]
The authors study the Wiener process and Itô integrals in some detail, with a focus on results needed for the Black–Scholes option pricing model. After developing the required martingale properties of this process, the construction of the integral and the Itô formula (proved in detail) become the centrepiece, both for theory and applications, and to provide concrete examples of stochastic differential equations used in finance. [+]