Introduction to Business Statistics

Name: Introduction to Business Statistics
Price: 105 CAD
Availability: InStock

Course Code: ON341

Course 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 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.

Learning Outcomes:

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

Estimated Length: 4 hours

CEUs: 0.4 CEUs | 4 PDUs

Notes:

This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.

This course does not require any additional purchases of supplementary materials.

Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.

Project Management Institute, PMI, the Registered Education Provider logo, Project Management Professional, PMP, Project Management Body of Knowledge, PMBOK, PMI Agile Certified Practitioner, PMI-ACP, PMI Risk Management Professional, PMI-RMP, the PMI Talent Triangle, and the PMI Talent Triangle logo are marks of the Project Management Institute, Inc.

Information in this course has been taken from A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) — Fifth Edition, Project Management Institute Inc., 2013.

The following list outlines the PDUs you will earn for completing this course, based on the certification you have.

PMP®/PgMP®

Technical: 1.5 Leadership: 0

Strategic/Business: 2.5 TOTAL: 4

PMI-RMP®

Technical: 0 Leadership: 0

Strategic/Business: 2.5 TOTAL: 2.5

PMI-SP®

Technical: 0 Leadership: 0

Strategic/Business: 2.5 TOTAL: 2.5

PMI-ACP®

Technical: 0 Leadership: 0

Strategic/Business: 2.5 TOTAL: 2.5

PfMP®

Technical: 1.5 Leadership: 0

Strategic/Business: 2.5 TOTAL: 4

PMI-PBA®

Technical: 1.5 Leadership: 0

Strategic/Business: 2.5 TOTAL: 4

TLNT reserves the right to cancel or change the date or location of its events. TLNT's responsibility will, under no circumstances, exceed the amount of the fee collected. TLNT is not responsible for the purchase of non-refundable travel arrangements or accommodations or the cancellation/change fees associated with cancelling them. Please call to confirm that the course is running before confirming travel arrangements and accommodations. Please click here for complete policies.

We could offer any of our courses at a location of your choice and customized contents according to your needs, please contact us at: [email protected] or click here to submit an online request.