Diploma in Statistics - Probability & Statistics Courses | Alison

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Diploma in Statistics

Learn about statistics, and gain valuable skills for use in business, science, finance, engineering, economics and more.

Probability and Statistics
Free Course
This free online statistics diploma will teach you about understanding and working with statistics for work, or to better understand their application elsewhere. This course will teach you everything from probability modelling, to distributions and regression analysis, teaching you the data and statistics skills required to effectively understand and work with statistics. Start this free online course to get up to speed with statistics today!
  • Duration

    6-10 Hours
  • Certification

  • Publisher

  • Accreditation






View course modules


For business and science in the 21st century, data is hugely important. With strong statistics skills, you can predict market changes, design traffic systems, build strong business strategies, and so much more. These skills are valuable. This course will start by discussing basic statistical methods such as sampling and collecting data. It will then introduce you to concepts of probability and methods of probability modelling, which are vital skills in high-paying industries of finance and investment banking.

You will then be introduced to distributions, and finally will get a full run through of regression analysis, which will give you important tools for working in the fields of engineering and economics. By the end of this course, you will have gained the knowledge and understanding to confidently read statistics and apply statistical methods within a range of working environments.

With the importance of statistics increasing every year, particularly in very high-paying industries such as finance and engineering, these are skills that will benefit you for life. With this free course, which takes less than 10 hours, these skills are now available to you. So get the boost you’re looking for today!

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Collecting and analysing data

Types of Graphs

Frequency and Graphs

Normal Distribution


Probability and Relative Frequency


Coefficient of Determination

Non-linear Data

Binomial Distribution

Hypergeometric Distribution

Univariate Data Part 1

Univariate Data Part 2

Bivariate Data

Calculating a Seasonal Index

Residual Analysis

Trend Analysis

Probability and Odds

Summary Statistics


Discrete Random Variables

Statistics Assessment 1

End of course Assessment

Statistics Assessment 3

Statistics Assessment 2

Learning Outcomes

Upon completion of this course you will learn how to collect and analyse data. You will gain a good knowledge of the graphs that can be used and the reason for using these graphs.You will have a good understanding of probability, univariate data, and bivariate data.

You will know the difference between normal, binomial and hypergeometric distribution. You will be able to do a regression analysis. You will understand the benefits of analytical methods such as trend analysis, residual analysis and the calculation of a seasonal index.


All Alison courses are free to enrol, study and complete. To successfully complete this Diploma course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Diploma course, you have the option to acquire an official Diploma, which is a great way to share your achievement with the world. Your Alison Diploma is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Alison offers 3 types of Diplomas for completed Diploma courses:

Digital Diploma - a downloadable Diploma in PDF format, immediately available to you when you complete your purchase
Diploma - a physical version of your officially branded and security-marked Diploma, posted to you with FREE shipping
Framed Diploma - a physical version of your officially branded and security-marked Diploma in a stylish frame, posted to you with FREE shipping

All Diplomas are available to purchase through the Alison Shop. For more information on purchasing Alison Diplomas, please visit our FAQs. If you decide not to purchase your Alison Diploma, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Diploma pricing, please visit our Pricing Page.


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