The use of statistics is critical to the successful operation of the modern business. Whether used as an introduction to statistics, as a refresher of statistics or as an overview, this course will provide you with a solid foundation in the statistical tools you will need to understand and use.
This course is part of the Industrial Engineering Professional Skills Certificate Program. Learn more about IIE certificate programs and how you can save by paying in advance for all of the courses included in a program.
Class Schedule:
| Course ID | Course Dates | Location | Register |
| 1856 | Jan 15 - 16, 2014 | Norcross, GA | Register |
Overview:
In this course, you will learn how to summarize small samples or large amounts of data graphically and mathematically to reach sound conclusions; utilize the predictive power of probability distributions to project process performance in advance; accurately estimate population characteristics; evaluate sample data; analyze data that does not fit into a particular distribution pattern; develop mathematical models to predict business results; and determine the strength and direction of the relationship between two variables.
Topic Highlights:
- Confidence and confidence intervals
- Correlation
- Descriptive statistics
| - Inferential statistics
- Probability and probability distributions
- Regression analysis
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What You Will Learn:
- Analyze and summarize sample data
- Develop mathematical models to predict business results
- Predict process performance using probability distributions
- Provide useful information using an effective data collection system