product_image

Tools of Data Analysis

$139

Start Today!

Add to cart

Professional Credits:

CEU: 0.5
HRCI: 5
PDU: 5
SHRM: 5

$139

Start Today!

Add to cart

Completion Time

5 hours

Access Time

90 Days

Outcome

Individual Skill Course

Language

English

Training Level

Intermediate

Delivery Information:

Online Asynchronous Self-paced

Description

There are a number of statistical tools and techniques that are commonly used by organizations to inform decision-making. These tools span numerous business functions and support many different objectives. This intermediate-level training course describes, evaluates, and analyzes different statistical techniques and their real-world limitations and benefits. The course features crossover analysis, break-even analysis, cluster analysis, decision tree analysis as well as an introduction to regression.

This Tools of Data Analysis course is offered in collaboration with the trusted learning partner MindEdge.

Learning Outcomes

After completing this course, the learner should be able to:
  • Describe linear programming as finding the "best" solution to a problem
  • Explain how crossover analysis is utilized in decision making
  • Explain the factors and assumptions involved in break-even analysis
  • Apply the standard deviation rule to a special case of normal distributions
  • Interpret the results of an ANOVA test
  • Describe the various forecasting techniques and the benefits and limitations
  • Identify regression analysis applications for purposes of description and prediction
  • Describe other statistical techniques (time series analysis, cluster analysis, decision trees) and their real-world application
  • Explain the advantages and disadvantages of various statistical techniques
  • Choose a statistical technique based on a brief case study

$139

Start Today!
Add to cart
Close menu