What is statistical inference?

Statistical inference is the process whereby you can draw conclusions about a population based on random samples of that population and the statistics that you draw from those samples. When you rely on statistical inference, you take what you've observed about your samples of that population and apply them to the group as a whole. Applying statistical inference allows you to take what you know about the population as well as what's uncertain to make statements about the entire population based on your analysis.

Why is it important to learn about statistical inference?

If you want to learn about a certain population—whether they're customers or fellow employees—you can use statistical inference to draw conclusions about that population based on your analysis of data about them. You can't always survey or test an entire population to gain insight, but you can sample the population and make educated assumptions based on the data. Understanding statistical inference allows you to take that data and use it to draw conclusions that make sense and prove true.

How can I apply statistical inference in my career?

Statistical inference has plenty of benefits for different business sectors. Statisticians and data analysts use this method often to draw conclusions based on samples of populations. If you're in sales or product development, you can use statistical inference to determine which brands or products are popular with your customers or clients. Scientists use statistical inference to test hypotheses and draw conclusions when it's impossible for them to test or sample an entire population. You can apply statistical inference to analyze the data from surveys of any population that you sample.

How can online courses on Coursera help me learn about statistical inference?

Online courses on Coursera give you both a grasp of the concepts of statistical inference and practical applications. You'll learn from the best instructors in the academic world, and you can learn at a pace and schedule that best suits your schedule and lifestyle. When you finish our courses, you'll know how to use statistical inference in your career, which will give you an advantage whether you're trying to get better at your current job or whether you're looking to make a career change.

What are the benefits of taking an online Statistical Inference course?

Online Statistical Inference courses offer a convenient and flexible way to enhance your knowledge or learn new Statistical Inference skills. Choose from a wide range of Statistical Inference courses offered by top universities and industry leaders tailored to various skill levels.

What Statistical Inference courses are best for training and upskilling employees or the workforce?

When looking to enhance your workforce's skills in Statistical Inference, it's crucial to select a course that aligns with their current abilities and learning objectives. Our Skills Dashboard is an invaluable tool for identifying skill gaps and choosing the most appropriate course for effective upskilling. For a comprehensive understanding of how our courses can benefit your employees, explore the enterprise solutions we offer. Discover more about our tailored programs at Coursera for Business here .

Top Statistical Inference Courses - Learn Statistical Inference Online

Explore the Statistical Inference Course Catalog

University of London
Quantitative Foundations for International Business
Skills you'll gain: Business Mathematics, Linear Algebra, Mathematical Modeling, Applied Mathematics, Calculus, Financial Modeling, Algebra, Advanced Mathematics, Business Economics, Derivatives, Graphing
4.1
Rating, 4.1 out of 5 stars
420 reviews
Mixed · Course · 1 - 4 Weeks
Status: New
London Business School
Fundamentals of Financial Analysis
Skills you'll gain: Financial Statement Analysis, Financial Analysis, Financial Statements, Balance Sheet, Financial Modeling, Income Statement, Financial Data, Return On Investment, Accounting, Investments, Cash Flows, Asset Management
4.1
Rating, 4.1 out of 5 stars
30 reviews
Beginner · Course · 1 - 4 Weeks
Macquarie University
Management and financial accounting: Know your numbers 1
Skills you'll gain: Governance, Management Accounting, Budgeting, Financial Modeling, Financial Data, Financial Forecasting, Accounting, Financial Analysis, Forecasting, Financial Management, Financial Accounting, Financial Statements, Business Metrics, Business Management, Corporate Strategy, Bookkeeping, Organizational Strategy, Strategic Decision-Making, Cash Flows, Financial Reporting
4.7
Rating, 4.7 out of 5 stars
313 reviews
Beginner · Course · 1 - 3 Months
University of Michigan
Total Data Quality
Skills you'll gain: Data Quality, Quantitative Research, Data Validation, Data Collection, Data Cleansing, Quality Assurance, Data Processing, Data Strategy, Data Integrity, Survey Creation, Data Analysis, Exploratory Data Analysis, Data Access, Statistical Analysis, Sampling (Statistics), Threat Detection
4.6
Rating, 4.6 out of 5 stars
51 reviews
Beginner · Specialization · 1 - 3 Months
University of Colorado Boulder
Introduction to Machine Learning: Supervised Learning
Skills you'll gain: Supervised Learning, Machine Learning Algorithms, Applied Machine Learning, Decision Tree Learning, Scikit Learn (Machine Learning Library), Matplotlib, Statistical Machine Learning, Random Forest Algorithm, Machine Learning, Predictive Modeling, Data Science, Statistical Visualization, Python Programming, Applied Mathematics, Exploratory Data Analysis, Statistical Programming, Regression Analysis, Statistical Modeling, Feature Engineering, Performance Tuning
Build toward a degree
3.4
Rating, 3.4 out of 5 stars
75 reviews
Intermediate · Course · 1 - 3 Months
University of Illinois Urbana-Champaign
Finance of Mergers and Acquisitions: Designing an M&A Deal
Skills you'll gain: Mergers & Acquisitions, Private Equity, Business Valuation, Investment Banking, Capital Markets, Accounting, Corporate Tax, Corporate Strategy, Financial Modeling, Financial Management, Corporate Finance, Financial Statement Analysis, Financial Analysis, Tax, Cash Flows
4.6
Rating, 4.6 out of 5 stars
54 reviews
Intermediate · Course · 1 - 3 Months
University of Illinois Urbana-Champaign
Cloud Computing Applications, Part 2: Big Data and Applications in the Cloud
Skills you'll gain: Big Data, Apache Spark, Apache Hadoop, Distributed Computing, Data Storage, Data Processing, NoSQL, Apache Kafka, Real Time Data, Cloud Computing, Databases, Analytics, Deep Learning, Scalability, Machine Learning Algorithms, Graph Theory, Machine Learning, Algorithms
4.3
Rating, 4.3 out of 5 stars
340 reviews
Mixed · Course · 1 - 3 Months
Emory University
Meaningful Marketing Insights
Skills you'll gain: Pivot Tables And Charts, Marketing Analytics, Descriptive Statistics, Microsoft Excel, Customer Insights, Regression Analysis, Data Analysis, Data-Driven Decision-Making, Marketing, Marketing Effectiveness, Exploratory Data Analysis, Statistical Analysis, Data Manipulation, Data Visualization Software
4.3
Rating, 4.3 out of 5 stars
284 reviews
Intermediate · Course · 1 - 3 Months
Duke University
Financing for Startup Businesses
Skills you'll gain: FinTech, Entrepreneurial Finance, Fundraising and Crowdsourcing, Financial Analysis, Financial Modeling, Private Equity, Loans, Financial Services, Credit Risk, Liquidation
4.5
Rating, 4.5 out of 5 stars
207 reviews
Intermediate · Course · 1 - 4 Weeks
Status: New
Packt
Lean Six Sigma - Green Belt
Skills you'll gain: Lean Six Sigma, Process Mapping, Process Improvement, Process Analysis, Business Process Improvement, Continuous Improvement Process, Process Management, Waste Minimization, Quality Management, Operational Efficiency, Statistical Process Controls, Root Cause Analysis, Customer Insights, Data-Driven Decision-Making, Quality Control
4.6
Rating, 4.6 out of 5 stars
8 reviews
Beginner · Course · 1 - 4 Weeks
Northeastern University
Healthcare Analytics Essentials
Skills you'll gain: Business Analytics, Analytics, Patient Safety, Health Systems, Health Care, Health Administration, Healthcare Industry Knowledge, Statistical Analysis, Performance Measurement, Performance Metric, Data Analysis, Data-Driven Decision-Making, Risk Analysis, Peer Review, Quality Assessment
4.6
Rating, 4.6 out of 5 stars
32 reviews
Beginner · Course · 1 - 4 Weeks
Universidad Nacional Autónoma de México
Evaluación de inversiones en Bienes de Capital
Skills you'll gain: Capital Budgeting, Financial Analysis, Business Valuation, Financial Management, Financial Modeling, Investment Management, Return On Investment, Financial Forecasting, Corporate Finance, Financial Statements, Risk Analysis, Cash Flows
4.2
Rating, 4.2 out of 5 stars
454 reviews
Intermediate · Course · 1 - 3 Months