Self-Paced Online Course Description
Managing
today can require good instincts. However, instinct is not enough
to manage the huge amounts of available data and the complex
variables of the business world. Statistics can help managers and
leaders make sense of these complexities, back-up their assertions,
and feel confident about when to take the risks and when to pump
the breaks. This intermediate-level course examines statistics as a
managerial tool. It also looks at common graphical representations
of data and how these can be effective tools to explain situations
and support persuasive arguments for a course of action.
What You Will Learn:
- Describe how
statistics are used in different settings
- Describe common
problems with, and misuse of, statistics
- Identify criteria
for evaluating statistics
- Explain the key
fundamentals of probability and their real-world application
- Identify the
fundamental concepts of descriptive statistics (populations
and samples, measures of central tendency, measures of variability,
measures of distribution) and their real-world application
- Evaluate data from
several different graphical displays of a distribution of a
categorical variable (bar chart, pie chart) and of a
quantitative variable (histogram, stem plot, box plot)
- Explain the
fundamental concepts of inferential statistics and their
real-world application
- Relate the
probability of an event to the likelihood of the event
occurring
- Apply fundamental
statistics to a real-world situation
- Translate
statistical data into a graphical presentation based on a
brief case study
Key Features:
- Mobile-friendly
- Audio-enabled
- Badge and
credit-awarding
- Real-world case
studies
- Fully accessible
- Games &
Flashcards
- Expert-supported
- Video content
Price: $79.00
For a
course preview and to register, click here!
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