The present course centers around learning wide applications of Data Analysis ToolPak and applying the same to solve real business problems. Data Analysis Toolpak is an add-in for Microsoft Excel. An add-in is simply a hidden workbook that adds additional functions and features to Microsoft Excel. Data Analysis Toolpak provides data analysis tools for statistical and engineering analysis.

• Real life business problems are used as case studies to understand different tools that come with Data Analysis Toolpak.

• Different types of descriptive statistics tools are used to quantitatively describe or summarize the features of collected information.

• Inferential statistics tools are used to make inferences about the population with the use of random samples taken from the data.

• Predictive statistics tools are used to make predictions about unknown future events.