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            Introduction to Business Statistics

            $116

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            Professional Credits:

            CEU: 0.4
            HRCI: 4
            PDU: 4
            SHRM: 4

            $116

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            Completion Time

            4 hours

            Access Time

            90 Days

            Outcome

            Individual Skill Course

            Language

            English

            Training Level

            Beginner

            Delivery Information:

            Online Asynchronous Self-paced

            Description

            Statistics is the science of collecting, organizing, and analyzing data in order to make more effective decisions. As such, statistics is critical to a successful business. This introductory-level training course is meant for non-financial managers. Understanding statistical techniques can help any manager responsible for marketing, management, accounting, sales, or other business functions. This course will also cover graphical representations of data that your stakeholders may expect when reviewing the results of any statistical analysis.

            This Introduction to Business Statistics course is offered in collaboration with the trusted learning partner MindEdge.

            Learning Outcomes

            After completing this course, the learner should be able to:
            • Differentiate between descriptive and inferential statistics
            • Distinguish between the four different scales of measurement: nominal, ordinal, interval, and ratio
            • Identify the appropriate graphical or tabular method for presenting your data
            • Create frequency distributions
            • Create meaningful presentations and graphs including frequency polygons, bar graphs, pie charts, line graphs, histograms
            • Calculate probability and explain its practical application
            • Compute the mode, median, and mean of a dataset
            • Calculate the variance and standard deviation of a dataset
            • Interpret sampling with and without replacement
            • Explain the significance of the area under a curve

            $116

            Start Today!
            Add to cart