Introduction to Business Statistics
Gain tools for effective decision-making through essential statistical techniques and graphical data representations.
Classes Start Available Anytime
Course Overview
Course Format
This 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
$300Course Details
Units 0.4 CEUs / 4 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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Differentiate between descriptive and inferential statistics, distinguish among the measurement scales (nominal, ordinal, interval, ratio), and select appropriate graphical or tabular methods for data presentation.
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Create frequency distributions and generate meaningful presentations and graphs, including frequency polygons, bar graphs, pie charts, line graphs, histograms, and discuss practical applications of probability calculations.
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Compute the mode, median, and mean of datasets, calculate variance and standard deviation, and interpret sampling methods including with and without replacement, and explain the significance of the area under a curve.