Introduction to Business Analysis
, Business and Data
25 Business Credits
Business analysis is the discipline of identifying business needs and requirements and designing and executing solutions to business problems.
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.
What You’ll Learn:
- 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
Related Courses:
Introduction to Small Business Management
, Small Business Management
3 Business Credits
Introduction to Small Business Management is designed for prospective and current small business owners, entrepreneurs, and managers who want to understand the basics of running a successful small business.
Statistical Process Control
, Business and Data
5 Business Credits
Statistical Process Control is all about boosting quality. Quality management can not only deliver value to customers and stakeholders, it can also enable data-driven decision making that helps organizations gain a competitive advantage in the market
