Online College Courses in Statistics
Essentially, statistics is the study of data. In the professional world, there is always a constant flow of new data — customer trends, stock patterns, sales, imports, exports, sports figures, and on and on — which businesses use to plan their strategies. In an online statistics course, students will learn the skills, methods, and principles necessary to collect and present qualitative data, and to make inferences based on that data, either for their own benefit, or for the benefit of a company. Specifically, an online college statistics course will cover statistical methods, regression analysis, survey sampling, probability and random distribution, and data relationships.
In general, most science and math majors require at least one introductory course in statistics. Sociology and economics majors will rely heavily on statistical principles, and will have to continue with more advanced statistics classes, where they will gain further insight into survey compilation and analysis, introduce more and more uncertainty into the data they interpret, and formulate more targeted hypotheses and estimations based on those data.
For students who want to get a head start on their college classes, or prefer to pursue their studies at home on their own schedule, many online colleges and some traditional schools offer at least one introductory online statistics course for college credit. The American Statistical Association recently developed a statistics accreditation program, and is slowly implementing that standard across academic institutions across the nation, so it will be imperative in the coming years for students to find out whether their prospective program is accredited before enrolling.
Statistics and Your Career
There are a wide variety of applications of statistics, and many majors require at least one statistics class, largely because statistical expertise is an extremely valuable skill to have in almost any field. The ability to draw statistical conclusions will be especially useful for business owners and economists, but statisticians will be important anywhere quantitative data are found. For example, bookkeepers, accountants, and financial managers may benefit from having a background in statistics because they often deal with investments and spending.
Outside of business, the study of statistics can lead to positions in weather forecasting, business trend prediction, biological estimation, research analysis for the stock market, econometrics for research and development firms, financial analysis for financial service firms, and beyond. All in all, taking a statistics course can help you improve your understanding of research, data compilation, and probability, so even if you don't use your statistics knowledge in your career path, you can still use it in your day-to-day activities.
Free Online Statistics Courses: