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

University of Illinois at Urbana-Champaign
Business Analytics Graduate Certificate
Skills you'll gain: Data Visualization, Data Storytelling, Management Accounting, Fund Accounting, Operations Management, Mergers & Acquisitions, Financial Statement Analysis, Marketing, Risk Management, Machine Learning Algorithms, Business Strategy, Extract, Transform, Load, Financial Auditing, Descriptive Statistics, Process Improvement, Marketing Analytics, Generative AI, Financial Market, Strategic Decision-Making, Corporate Tax
Credit offered
Graduate Certificate · 6 - 12 Months
IIT Guwahati
Bachelor of Science in Data Science & AI
Skills you'll gain: Package and Software Management, Linear Algebra, Data Structures, Unsupervised Learning, Data Warehousing, Database Management, Database Theory, Writing, Algorithms, Object Oriented Programming (OOP), Spreadsheet Software, Data Presentation, Econometrics, R Programming, Text Mining, Java, Artificial Intelligence, Time Series Analysis and Forecasting, C (Programming Language), Probability
Earn a degree
Degree · 1 - 4 Years
University of London
Master of Science in Cyber Security
Skills you'll gain: Security Management, Key Management, Human Factors (Security), Infrastructure Security, Information Privacy, Cyber Governance, Cryptography, Application Security, Network Security, Threat Modeling, OSI Models, Security Testing, Computer Security Incident Management, Cyber Security Policies, Intrusion Detection and Prevention, Authorization (Computing), Security Awareness, Data Collection, Criminal Investigation and Forensics, Data Analysis
Earn a degree
Degree · 1 - 4 Years
HEC Paris
Innovation Management and Entrepreneurship University Certificate
Skills you'll gain: New Product Development, Social Media Strategy, Product Development, Business Strategy, Supplier Relationship Management, Ideation, Entrepreneurship, Social Media Marketing, Stakeholder Engagement, Social Media, Strategic Sourcing, Decision Making, Content Marketing, Social Media Management, Project Controls, Business Operations, Business Planning, Lean Methodologies, Competitive Analysis, Innovation
University Certificate · 6 - 12 Months
University of Illinois at Urbana-Champaign
Master of Business Administration (iMBA)
Skills you'll gain: Data Visualization, Data Storytelling, Management Accounting, Fund Accounting, Operations Management, Mergers & Acquisitions, Financial Statement Analysis, Marketing, Risk Management, Machine Learning Algorithms, Business Strategy, Extract, Transform, Load, Financial Auditing, Descriptive Statistics, Process Improvement, Marketing Analytics, Generative AI, Financial Market, Strategic Decision-Making, Data Collection
Earn a degree
Degree · 1 - 4 Years
Pontificia Universidad Católica de Chile
Magíster en Inversiones y Finanzas Aplicadas
Skills you'll gain: Financial Statement Analysis, Descriptive Analytics, FinTech, Financial Statements, Business Analytics, Business Valuation, Derivatives, Strategic Decision-Making, Portfolio Management, Customer Analysis, Risk Analysis, Credit Risk, Digital Transformation, Cloud Security, Assertiveness, Governance, Financial Analysis, Object Oriented Programming (OOP), Investments, Financial Data
Earn a degree
Degree · 1 - 4 Years
Indian School of Business
Certificate in Investment Management
Skills you'll gain: Financial Statement Analysis, Portfolio Management, Financial Statements, Financial Analysis, Income Statement, Financial Trading, Balance Sheet, Investments, Financial Market, Equities, Investment Management, Business Valuation, Return On Investment, Performance Analysis, Financial Modeling, Accounting, Finance, Technical Analysis, Market Dynamics, Performance Measurement
University Certificate · 6 - 12 Months
Dartmouth College
Master of Engineering in Computer Engineering
Skills you'll gain:
Earn a degree
Degree · 1 - 4 Years
University of Illinois at Urbana-Champaign
Master of Science in Accounting
Skills you'll gain: Data Visualization, Data Storytelling, Management Accounting, Fund Accounting, Operations Management, Mergers & Acquisitions, Financial Statement Analysis, Marketing, Risk Management, Machine Learning Algorithms, Business Strategy, Extract, Transform, Load, Financial Auditing, Descriptive Statistics, Process Improvement, Marketing Analytics, Generative AI, Financial Market, Strategic Decision-Making, Corporate Tax
Earn a degree
Degree · 1 - 4 Years
University of Illinois at Urbana-Champaign
Entrepreneurship and Strategic Innovation Graduate Certificate
Skills you'll gain: Data Visualization, Data Storytelling, Management Accounting, Fund Accounting, Operations Management, Mergers & Acquisitions, Financial Statement Analysis, Marketing, Risk Management, Machine Learning Algorithms, Business Strategy, Extract, Transform, Load, Financial Auditing, Descriptive Statistics, Process Improvement, Marketing Analytics, Generative AI, Financial Market, Strategic Decision-Making, Corporate Tax
Credit offered
Graduate Certificate · 6 - 12 Months
University of Illinois at Urbana-Champaign
Graduate Certificate in Accounting Data Analytics
Skills you'll gain: Data Visualization, Data Storytelling, Management Accounting, Fund Accounting, Operations Management, Mergers & Acquisitions, Financial Statement Analysis, Marketing, Risk Management, Machine Learning Algorithms, Business Strategy, Extract, Transform, Load, Financial Auditing, Descriptive Statistics, Process Improvement, Marketing Analytics, Generative AI, Financial Market, Strategic Decision-Making, Corporate Tax
Credit offered
Graduate Certificate · 6 - 12 Months
University of Illinois at Urbana-Champaign
Accounting Foundations Graduate Certificate
Skills you'll gain: Data Visualization, Data Storytelling, Management Accounting, Fund Accounting, Operations Management, Mergers & Acquisitions, Financial Statement Analysis, Marketing, Risk Management, Machine Learning Algorithms, Business Strategy, Extract, Transform, Load, Financial Auditing, Descriptive Statistics, Process Improvement, Marketing Analytics, Generative AI, Financial Market, Strategic Decision-Making, Corporate Tax
Credit offered
Graduate Certificate · 6 - 12 Months