What is statistical modeling?

Statistical modeling is the process of using statistics to analyze data and make it usable for decision-making and analysis. It involves using computer programs to pull out numbers from data sets, identify trends, make predictions, and understand different situations. Most statistical modeling results in charts, graphs, or other types of reports to explain the data.

Why is it important to learn statistical modeling?

It's important to learn statistical modeling for many reasons to comprehend related material as a student and fulfill work-related requirements. Students often need to learn it because it's used in many different academic fields to understand the material. Many occupations either involve doing statistical analysis or being able to use the output in order to make decisions. Because of the way that data is reported in the media, it's helpful for members of the general public to have some understanding of how statistical modeling works.

What are typical careers that use statistical modeling?

Typical careers that use statistical modeling are medical research, scientific research, and financial analysis, but it is a component of many different fields. People working in marketing and sales use statistical modeling to build forecasts and generate prospects. Business managers use it to make decisions and to share information. Academics use it to understand trends and patterns in their fields. Journalists use statistical modeling to present information in their stories. By turning data into usable information, including charts and graphs, statistical modeling can add value to many different fields. People who understand the fundamentals of quantitative modeling and statistical model can expect the skill to enhance their careers.

How can taking online courses on Coursera help me learn statistical modeling?

Taking online courses on Coursera can help you learn statistical modeling in different ways, depending on your interests and needs. Some courses cover the fundamentals of statistics, which may be helpful if you have little background in the area. Others look at how statistical modeling is done with different software packages, such as Python, Excel, or SAS. Many classes focus on the uses of statistical modeling in specific fields, such as artificial intelligence, finance, or history. All classes include projects that help you apply what you learn.

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

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

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

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

Explore the Statistical Modeling Course Catalog

University of California, Irvine
Predictive Modeling, Model Fitting, and Regression Analysis
Skills you'll gain: Predictive Modeling, Predictive Analytics, Classification And Regression Tree (CART), Regression Analysis, Decision Tree Learning, Statistical Modeling, Supervised Learning, Data Modeling, Data Analysis, Analytics, Descriptive Analytics, Forecasting, Machine Learning, Unsupervised Learning
4.4
Rating, 4.4 out of 5 stars
63 reviews
Intermediate · Course · 1 - 4 Weeks
University of Washington
Machine Learning: Regression
Skills you'll gain: Regression Analysis, Predictive Modeling, Supervised Learning, Predictive Analytics, Machine Learning Algorithms, Feature Engineering, Machine Learning, Statistical Methods, Data Validation, Algorithms
4.8
Rating, 4.8 out of 5 stars
5.6K reviews
Mixed · Course · 1 - 3 Months
Coursera Project Network
Building Statistical Models in R: Linear Regression
Skills you'll gain: Exploratory Data Analysis, Statistical Modeling, Regression Analysis, Data Visualization, Data Analysis, Statistical Methods, R Programming, Statistical Analysis, Plot (Graphics), Predictive Modeling
4.7
Rating, 4.7 out of 5 stars
17 reviews
Beginner · Guided Project · Less Than 2 Hours
University of Michigan
Fitting Statistical Models to Data with Python
Skills you'll gain: Statistical Modeling, Statistical Methods, Bayesian Statistics, Statistical Inference, Statistical Software, Statistical Analysis, Statistical Programming, Regression Analysis, Predictive Modeling, Data Analysis, Exploratory Data Analysis, Data Manipulation
4.4
Rating, 4.4 out of 5 stars
696 reviews
Intermediate · Course · 1 - 4 Weeks
Johns Hopkins University
Statistical Methods for Computer Science
Skills you'll gain: Network Analysis, R Programming, Statistical Analysis, Regression Analysis, Statistical Modeling, Combinatorics, Bayesian Network, Statistical Hypothesis Testing, Data Analysis, Probability, Statistics, Applied Machine Learning, Probability & Statistics, Statistical Methods, Probability Distribution, Simulations, Data Science, Markov Model, Applied Mathematics, Mathematical Modeling
Intermediate · Specialization · 3 - 6 Months
University of Minnesota
Simulation Models for Decision Making
Skills you'll gain: Probability Distribution, Probability, Simulation and Simulation Software, Statistics, Microsoft Excel, Complex Problem Solving, Business Process Modeling, Business Modeling, Risk Modeling, Financial Modeling, Statistical Analysis, Decision Making, Data Analysis
4.5
Rating, 4.5 out of 5 stars
52 reviews
Beginner · Course · 1 - 4 Weeks
Johns Hopkins University
Statistical Inference
Skills you'll gain: Statistical Inference, Statistical Hypothesis Testing, Probability & Statistics, Probability, Statistics, Bayesian Statistics, Statistical Methods, Statistical Modeling, Statistical Analysis, Probability Distribution, Sampling (Statistics)
4.2
Rating, 4.2 out of 5 stars
4.4K reviews
Mixed · Course · 1 - 4 Weeks
Johns Hopkins University
Advanced Probability and Statistical Methods
Skills you'll gain: Regression Analysis, Statistical Hypothesis Testing, Statistical Analysis, Probability & Statistics, Statistical Methods, Probability Distribution, Data Analysis, Markov Model, Data Science, Statistical Modeling, Statistical Inference, Probability, R Programming, Simulations
Intermediate · Course · 1 - 3 Months
Illinois Tech
Statistical Learning
Skills you'll gain: Statistical Analysis, Data Analysis, Statistical Programming, Statistical Methods, Regression Analysis, Bayesian Statistics, Supervised Learning, Statistical Inference, Machine Learning, Unsupervised Learning, Predictive Modeling, Classification And Regression Tree (CART), Feature Engineering, Dimensionality Reduction
Build toward a degree
Intermediate · Course · 1 - 3 Months
Status: Free
University of Leeds
Exploratory Data Analysis
Skills you'll gain: Exploratory Data Analysis, Data Cleansing, Statistical Modeling, Statistics, Data Analysis, R Programming, Box Plots, Data Visualization Software, Histogram, Statistical Analysis, Probability, Probability Distribution, Simulations
4.5
Rating, 4.5 out of 5 stars
8 reviews
Intermediate · Course · 1 - 4 Weeks
SAS
SAS Statistical Business Analyst
Skills you'll gain: SAS (Software), Predictive Modeling, Predictive Analytics, Statistical Hypothesis Testing, Statistical Analysis, Correlation Analysis, Statistical Modeling, Regression Analysis, Statistical Methods, Probability & Statistics, Big Data, Plot (Graphics), Data Analysis, Data Analysis Software, Analysis, Feature Engineering, Performance Analysis, Performance Measurement, Data Cleansing
4.6
Rating, 4.6 out of 5 stars
215 reviews
Intermediate · Professional Certificate · 3 - 6 Months
Status: Free
University of Leeds
Statistical Methods
Skills you'll gain: Exploratory Data Analysis, Statistical Methods, Statistical Modeling, Data Collection, Statistical Inference, R Programming, Probability, Data Analysis, Statistical Analysis, Probability Distribution, Simulations, Statistical Visualization, Descriptive Statistics, Sampling (Statistics)
4.7
Rating, 4.7 out of 5 stars
6 reviews
Intermediate · Course · 1 - 4 Weeks