Statistics as a Managerial Tool
Explore statistics as a crucial tool for managers and leaders to navigate complex business variables and leverage data effectively.
Classes Start Available Anytime
Course Overview
Managing in today's business environment demands more than just instincts due to the vast amounts of data and complex variables involved. This intermediate-level course explores how statistics can assist managers and leaders in understanding these complexities, substantiating their decisions, and gaining confidence in navigating risks effectively. It also covers graphical representations of data as powerful tools for illustrating situations and bolstering persuasive arguments in decision-making.
Course Format
This 5 hour self-paced course offers a dynamic and engaging learning experience, combining interactive elements such as games, flashcards, video content, real-world case studies, and curated readings. Participants have the flexibility to progress at their own pace, while interactive games and quizzes reinforce key concepts and track progress. Flashcards, expert-led videos, real-world case studies, and carefully curated readings deepen knowledge.
Price
$375Course Details
Units 0.5 CEUs / 5 PDUs
Location Online Courses
Course Type Self-Paced
What You’ll Learn
After successful completion of this course, you will be able to:
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Describe the broad applications and common pitfalls of statistics.
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Evaluate criteria for assessing statistical validity and reliability.
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Explain fundamental probability concepts and their practical applications, including the relationship between probability and event likelihood.
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Apply descriptive statistics concepts (populations, samples, measures of central tendency, variability, distribution) and evaluate data using graphical displays (bar charts, pie charts, histograms, stem plots, box plots).
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Discuss inferential statistics fundamentals and apply basic statistical methods to real-world scenarios, translating data into graphical presentations based on case studies.
Your Instructor
M.S.
Tony has more than 25 years of management experience in the healthcare and consumer electronic markets. His areas of expertise include new technology development, Lean Six Sigma implementation, international project management, risk management, quality management, and high volume manufacturing.
In addition to teaching for Oregon State, Tony teaches certification courses for the University of California - Irvine and the American Society for Quality (ASQ). He has worked with world-class clients such as Boeing, Northrop Grumman, Sprint, Southern California Edison, Ricoh, and Parker Hannifin. His professional certifications include Lean Six Sigma Master Black Belt, Project Management Professional (PMP), Certified Quality Manager (CQM), and Certified Quality Engineer (CQE).