Online Training

Business Essentials: Introduction to Business Statistics

This course will introduce you to the importance of statistics in the business world. Statistics is the science of collecting, organizing, and analyzing data in order to make more effective decisions. Understanding statistical techniques can help any manager responsible for marketing, management, accounting, sales, or other business functions.

After completing this course, you'll be able to:

• Differentiate between descriptive and inferential statistics
• Distinguish between the 4 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

This course is self-paced and online. You will have access to this course for 30 days.

Target Audience: This course is designed for adult learners and/or non-financial managers.

Level/Prerequisites: Introductory/No Prerequisites

Estimated time to complete: 3-5 hours

Cost: $75.00

Duration: 30 days

add to cartremove from cart | view cart | proceed to secure check out