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Course Description

It is often not feasible to capture parameters for an entire population; however, it’s necessary to gather statistics to estimate population parameters. In this course, you will walk through the multiple methods of collecting samples and examining margin of error and confidence intervals, including how they are calculated. You will then explore another area of inferential statistics called hypothesis testing to start with a hypothesized value. One of the most important measures to calculate is the p-value, which helps gauge the significance of your findings. You will observe the role that p-values play in hypothesis testing and the way in which they are calculated.

It is recommended to only take this course if you have completed Presenting Quantitative Data, Descriptive Statistics for Business, and Making Predictions Using Statistical Probability or have equivalent experience.

Faculty Author

Cindy van Es

Benefits to the Learner

  • Examine margin of error and confidence intervals, including how they are calculated
  • Review the criteria for determining sample sizes and complete an exercise on interpreting confidence intervals
  • Explore the six steps of hypothesis testing, from developing hypotheses to stating a conclusion
  • Identify the means of testing a hypothesis and complete a sample test
  • Observe the role that p-values play in hypothesis testing and the way in which they are calculated
  • Practice computing p-values and interpreting them in Excel

Target Audience

  • Entry level to executive professionals looking to uncover insights from data
  • Students who are pre-MBA or considering earning an MBA
  • Individuals interested in moving into an analyst role
  • Individuals seeking to leverage statistical or analytic skills
  • New, emerging, and experienced leaders
  • Consultants
  • Analysts and researchers
  • Entrepreneurs

Applies Towards the Following Certificates

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Enroll Now - Select a section to enroll in

Type
2 week
Dates
Aug 26, 2020 to Sep 08, 2020
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
2 week
Dates
Nov 04, 2020 to Nov 17, 2020
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
2 week
Dates
Jan 13, 2021 to Jan 26, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $769.00
Type
2 week
Dates
Mar 24, 2021 to Apr 06, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $769.00
Type
2 week
Dates
Jun 02, 2021 to Jun 15, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $769.00
Type
2 week
Dates
Aug 11, 2021 to Aug 24, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $769.00
Type
2 week
Dates
Oct 20, 2021 to Nov 02, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $769.00
Type
2 week
Dates
Dec 29, 2021 to Jan 11, 2022
Total Number of Hours
10.0
Course Fee(s)
Standard Price $769.00
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