Basic Business Statistics
Mastering Data: Unlock the Power of Statistics for Smarter Decisions
Statistics, how we collect, analyze, interpret, and present data, shapes everything from business strategy to everyday choices. If something can be measured, statistics makes it meaningful. From marketing and medicine to engineering and economics, statistical techniques generate insights that drive decisions in virtually every industry.
In this hands-on, business-focused course, you'll build a solid foundation in statistical methods and probability concepts. Learn how to interpret data, identify patterns, and draw valid conclusions. Explore key concepts such as data sampling, probability distributions, confidence intervals, and the central limit theorem. Through real-world applications using calculators and ExcelŽ, you'll strengthen your ability to analyze data effectively and prepare for success in more advanced courses like Inferential Statistics at UAH.
What You Will Learn:
Key statistical terminology
Measures of central tendency and dispersion
Graph construction and interpretation
Probability principles and counting techniques
Normal distribution and z-scores
Student's t-distribution
Sampling distributions
Confidence intervals
Earn 2.4 Continuing Education Units (CEUs) and gain practical skills you can apply immediately in your career or academic journey.