Business Statistics



Prof. Mukesh Kumar Barua

IIT Roorkee

*Additional GST and optional Exam fee are applicable.

SKU: IIT Roorkee Category:


This course will introduce you to business statistics, or the application of statistics in the workplace. Statistics is a course in the methods for gathering, analyzing, and interpreting data. You’ll also explore basic probability concepts, including measuring and modeling uncertainty, and you’ll use various data distributions, along with the Linear Regression Model, to analyze and inform business decisions.


Students of B.Tech. M.Tech, PhD and working professionals


Dr. M.K. Barua is an Associate Professor at Department of Management Studies, Indian Institute of Technology Rooorkee. He is also seconded faculty Asian Institute of Technology (AIT) Bangkok and Defense Engineering College, FDRE’s Metals and Engineering Corporation, Ethiopia. Also he is visiting faculty at IIM Sirmaur and IIM Rohtak. His research interest includes Operations management, project management and supply chain management. He has published more than 100 research papers in international journals of repute

Certification Process

1. Join the course
Learners may pay the applicable fees and enrol to a course on offer in the portal and get access to all of its contents including assignments. Validity of enrolment, which includes access to the videos and other learning material and attempting the assignments, will be mentioned on the course. Learner has to complete the assignments and get the minimum required marks to be eligible for the certification exam within this period.

COURSE ENROLMENT FEE: The Fee for Enrolment is Rs. 3000 + GST

2. Watch Videos+Submit Assignments
After enrolling, learners can watch lectures and learn and follow it up with attempting/answering the assignments given.

3. Get qualified to register for exams
A learner can earn a certificate in the self paced course only by appearing for the online remote proctored exam and to register for this, the learner should get minimum required marks in the assignments as given below:

Assignment score = Score more than 50% in at least 9/12 assignments.
Exam score = 50% of the proctored certification exam score out of 100
Only the e-certificate will be made available. Hard copies will not be dispatched.”

4. Register for exams
The certification exam is conducted online with remote proctoring. Once a learner has become eligible to register for the certification exam, they can choose a slot convenient to them from what is available and pay the exam fee. Schedule of available slot dates/timings for these remote-proctored online examinations will be published and made available to the learners.

EXAM FEE: The remote proctoring exam is optional for a fee of Rs.1500 + GST. An additional fee of Rs.1500 will apply for a non-standard time slot.

5. Results and Certification
After the exam, based on the certification criteria of the course, results will be declared and learners will be notified of the same. A link to download the e-certificate will be shared with learners who pass the certification exam.


Course Details

Week 1  :  Introduction, data collection and presenting data in tables
Week 2  :  Numerical descriptive measures and basic probability
Week 3  :  Discrete and continuous probability distributions
Week 4  :  Sampling and sampling distributions
Week 5  :  Confidence interval estimation
Week 6  :  One sample tests and hypothesis testing
Week 7  :  Two sample tests means
Week 8  :  Two sample tests proportions and variance
Week 9  :   ANOVA
Week 10  :  Chi-Square tests
Week 11  :  Simple linear regression
Week 12  :  Multiple regression basics


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