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Course Description

Summary statistics are one way to forecast uncertain outcomes, and the statistical results can be used to make decisions or guide strategy. Since summary statistics are based on a data sample, they typically inform intuitive decision-making. That is, the model requires interpretation which relies on the business intuition of the person using it.

You’ll learn how to examine sample data scientifically to limit any generalizations to only the patterns that have the strongest statistical support. As always, intuition and business knowledge play an important role in the process, but this course will prepare you to apply a level of scientific rigor that will lead to better results. 

You are required to have completed the following course or have equivalent experience before taking this course:

  • Understanding and Visualizing Data

Faculty Author

Chris Anderson

Benefits to the Learner

  • Formulate a question as a null and alternate hypothesis
  • Calculate a test statistic from sample data
  • Identify the statistical test most appropriate for testing your hypothesis
  • Determine the likelihood of finding a result at least as extreme as the test statistic assuming the null hypothesis

Target Audience

  • Analysts
  • Functional Managers
  • Executives
  • Consultants
  • Any professional that uses data to make business decisions

Accrediting Associations

Applies Towards the Following Certificates

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Type
3 week
Dates
Dec 04, 2024 to Dec 24, 2024
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Dec 25, 2024 to Jan 14, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jan 15, 2025 to Feb 04, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Feb 05, 2025 to Feb 25, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Feb 26, 2025 to Mar 18, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Mar 19, 2025 to Apr 08, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Apr 09, 2025 to Apr 29, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Apr 30, 2025 to May 20, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
May 21, 2025 to Jun 10, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jun 11, 2025 to Jul 01, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jul 02, 2025 to Jul 22, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jul 23, 2025 to Aug 12, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Aug 13, 2025 to Sep 02, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Sep 03, 2025 to Sep 23, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Sep 24, 2025 to Oct 14, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Oct 15, 2025 to Nov 04, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Nov 05, 2025 to Nov 25, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Nov 26, 2025 to Dec 16, 2025
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Dec 17, 2025 to Jan 06, 2026
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
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