Course: Introduction to Probability and Statistics (NC-MEDGPRBSTAT)

Uncertainty plays a major role in the business world. You may not be able to fully predict the outcome of a decision, but you can use mathematical tools to help you make informed decisions and manage risks. This course will introduce you to the concepts of probability and statistics. You will learn how to calculate probabilities in a variety of situations. You will also explore simple ways to organize and analyze data by learning about different graphical displays and basic statistical terminology.

Learning outcomes
  • Use the properties of sets in real-world situations
  • Count the number of possible outcomes in a variety of situations, such as the number of permutations and combinations for a set
  • Calculate the probability of simple events occurring
  • Calculate probabilities in a variety of situations, including conditional events, dependent events, and independent events
  • Differentiate between qualitative and quantitative data
  • Interpret data from graphical displays including histograms, pie charts, and bar charts
  • Explain the real-world meaning of descriptive statistics, such as measures of central tendency and spread
  • Explain the real-world meaning of percentiles for a data set
  • Describe the role outliers play on the distribution of a data set
Notes
  • Estimated time to completion: 6 hours
  • Access time: 90 days
  • CEUs: 0.6
  • Contact hours: 6
  • May earn 0.3 IACET CEUs and/or 6 ATD CI credits. Learners must achieve an average test score of at least 70% to qualify for IACET CEUs.

Offered in partnership with MindEdge.

 Session: MEDG224.PRBSTAT

Schedule: Open enrollment, enroll anytime.
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Course Fee : $139.00

Bulletin

Asynchronous Online - Instruction provided at your own pace

Cancellation Policy

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