What is statistical analysis?

Statistical analysis is the process of collecting and organizing data in order to observe patterns in that data. This discipline examines numerical data for trends, and it has practical applications across multiple industries and business sectors. Statistical analysts can examine large or small amounts of data to determine what the data shows—and what should be done with that information. The business world has relied on statistical analysis for years, but the advent of computer technology has made analyzing large amounts of data increasingly easy. Computers allow statisticians to analyze copious amounts of data and look for more specific patterns and trends than ever before.

Why is statistical analysis important?

Statistical analysis is important because it helps you make sense—and make use—of data. No matter what industry you work in, you see data every day. You may not know how to interpret the data, or there may just be too much data to understand on its own merits. Using statistical analysis can help you interpret key patterns in your data and sort out extraneous information to understand what the data means and what you should do about it. If you have a background in statistical analysis, you can also test or disprove any analysis that you receive from someone else as well.

What are typical careers that use statistical analysis?

A thorough knowledge of statistical analysis can help you find a career in the financial sector, information technology, or other areas of the business world. You can find jobs giving businesses advice on how to invest or how to manage their money more efficiently, or you can consult with companies on how to budget for large projects. Market research jobs rely on statistical analysis skills, while software engineers analyze data to develop and test new and updated applications. Data scientists work with various organizations to help them identify patterns and trends in their field of business.

How can online courses on Coursera help me learn statistical analysis?

From courses that introduce you to the basics of statistical analysis to more specific topics like hypothesis testing, data analysis in the health care industry, or risk management, you can gain a confident base of knowledge from online courses on Coursera. Specific topics you can discover include using logistic regression in R, survival analysis in R, bias and validity in epidemiology, statistics with Python, and data analytics.

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

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

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

When looking to enhance your workforce's skills in Statistical Analysis, 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 Analysis Courses - Learn Statistical Analysis Online

Explore the Statistical Analysis Course Catalog

IBM
IBM AI Foundations for Business
Skills you'll gain: Large Language Modeling, Data Literacy, Data Mining, Artificial Intelligence, Generative AI, Data Ethics, Artificial Intelligence and Machine Learning (AI/ML), Big Data, Information Architecture, Strategic Decision-Making, Enterprise Architecture, Cloud Computing, Applied Machine Learning, Data Analysis, Data Science, Deep Learning, Digital Transformation, Data Strategy, Business Strategy, Business Process Automation
4.7
Rating, 4.7 out of 5 stars
93K reviews
Beginner · Specialization · 1 - 3 Months
University of California, Santa Cruz
Bayesian Statistics: From Concept to Data Analysis
Skills you'll gain: Bayesian Statistics, Statistical Inference, Data Analysis, Probability, Statistical Modeling, Statistical Analysis, Microsoft Excel, Probability Distribution, R Programming, Regression Analysis
4.6
Rating, 4.6 out of 5 stars
3.2K reviews
Intermediate · Course · 1 - 4 Weeks
University of Michigan
Understanding and Visualizing Data with Python
Skills you'll gain: Sampling (Statistics), Data Visualization, Statistics, Matplotlib, Statistical Visualization, Probability & Statistics, Jupyter, Statistical Methods, Data Visualization Software, Data Analysis, Statistical Analysis, Exploratory Data Analysis, Descriptive Statistics, Statistical Inference, Data Collection, NumPy, Histogram, Python Programming
4.7
Rating, 4.7 out of 5 stars
2.7K reviews
Beginner · Course · 1 - 4 Weeks
Duke University
Inferential Statistics
Skills you'll gain: Statistical Hypothesis Testing, Statistical Inference, Statistical Reporting, Statistical Methods, R Programming, Statistical Software, Statistical Analysis, Probability & Statistics, Data Literacy, Sampling (Statistics), Probability Distribution, Software Installation
4.8
Rating, 4.8 out of 5 stars
2.7K reviews
Beginner · Course · 1 - 3 Months
Interactive Brokers
Fundamentals of Equities
Skills you'll gain: Equities, Investments, Financial Statement Analysis, Financial Analysis, Balance Sheet, Securities Trading, Risk Management, Portfolio Management, Income Statement, Business Economics, Cash Flows
4.3
Rating, 4.3 out of 5 stars
375 reviews
Beginner · Course · 1 - 4 Weeks
Intuit
Financial Statement Analysis
Skills you'll gain: Reconciliation, Financial Statements, Financial Statement Analysis, Income Statement, Balance Sheet, Financial Analysis, Accounting, Analysis, Cash Flows, Sales Tax, Equities, Payroll
4.6
Rating, 4.6 out of 5 stars
654 reviews
Beginner · Course · 1 - 4 Weeks
University of Illinois Urbana-Champaign
Introduction to Financial Analysis - The "Why?"
Skills you'll gain: Financial Analysis, Finance, Accounting, Business Valuation, Financial Statements, Financial Management, Balance Sheet, Corporate Finance, Return On Investment, Income Statement, Entrepreneurial Finance, Risk Analysis, Cash Flows, Equities, Investment Management, Loans
4.7
Rating, 4.7 out of 5 stars
284 reviews
Beginner · Course · 1 - 4 Weeks
IBM
Introduction to Data Science
Skills you'll gain: SQL, Jupyter, Data Literacy, Data Mining, Peer Review, Data Modeling, Databases, Stored Procedure, Relational Databases, Database Design, Query Languages, Data Science, Database Management, Big Data, Computer Programming Tools, Data Analysis Software, Data Cleansing, Data Visualization Software, Cloud Computing, Data Analysis
Build toward a degree
4.6
Rating, 4.6 out of 5 stars
99K reviews
Beginner · Specialization · 3 - 6 Months
Illinois Tech
Statistical Learning
Skills you'll gain: Statistical Analysis, Data Analysis, Data Science, Statistical Programming, Statistical Methods, Statistical Machine Learning, Regression Analysis, Supervised Learning, Statistical Inference, Machine Learning, Unsupervised Learning, Predictive Modeling, Classification And Regression Tree (CART), Feature Engineering
Build toward a degree
Intermediate · Course · 1 - 3 Months
University of Illinois Urbana-Champaign
Financial Analysis of Organizations
Skills you'll gain: Financial Statements, Financial Statement Analysis, Financial Forecasting, Financial Accounting, Income Statement, Balance Sheet, Financial Analysis, Revenue Forecasting, Cash Flow Forecasting, Financial Data, Financial Modeling, Cash Flows, Equities, Business Valuation, Financial Planning, Capital Expenditure
4.5
Rating, 4.5 out of 5 stars
117 reviews
Beginner · Course · 1 - 4 Weeks
University of California, Davis
SQL for Data Science
Skills you'll gain: Data Governance, SQL, Data Quality, Database Design, Query Languages, Data Manipulation, Data Modeling, Relational Databases, Data Analysis, Data Cleansing
4.6
Rating, 4.6 out of 5 stars
17K reviews
Beginner · Course · 1 - 4 Weeks
University of Pennsylvania
Data Analysis Using Python
Skills you'll gain: Matplotlib, Data Analysis, Pandas (Python Package), Data Cleansing, Pivot Tables And Charts, Data Visualization Software, Data Manipulation, Scatter Plots, NumPy, Data Transformation, Jupyter, Data Validation, Data Import/Export, Histogram, Data Structures, Programming Principles, Scripting Languages
4.5
Rating, 4.5 out of 5 stars
416 reviews
Beginner · Course · 1 - 4 Weeks