0306 Business Statistics
Part of the Business Processes Section of the CEA Curriculum
Business statistics is all about the science of good decision making in the face of uncertainty. It’s a subject that can be applied to virtually every industry and is particularly utilized in understanding financial analysis, audits, production and operations — including services improvement and marketing research.
In this course we’ll take a look at how to interpret and use statistical techniques for a variety of business applications and cover statistical study, descriptive statistics, probability, normal distributions, linear regression and correlation.
After completing this course, you will be able to:
- Understand how to use decision tree analysis
- Apply the power of probability to make informed business decisions
- Apply the statistical decision making process
- Define the central limit theorem
- Explain the “magic” of the bell curve
- Employ the p value to understand test results
|Introduction to Business Statistics||FREE||00:06:00|
|Probability & Chance Part 1||00:05:00|
|Probability & Chance – Part 2||00:04:00|
|The P Value||00:04:00|
|Kinds of Sampling||00:03:00|
|Attributes that Affect Sample Size||00:02:00|
|Data Tools for Collection||00:03:00|
|Data Analysis and Understanding Regression||00:05:00|
|Finding the Optimal Solution in Linear Programming||00:03:00|
No Reviews found for this course.