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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. 

The course Understanding and Visualizing Data is required to be completed prior to starting this course.

Faculty Author

Chris Anderson
Associate Professor, School of Hotel Administration, Cornell University

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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Enroll Now - Select a section to enroll in

Type
3 week
Dates
Jun 23, 2021 to Jul 13, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jul 14, 2021 to Aug 03, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Aug 04, 2021 to Aug 24, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Aug 25, 2021 to Sep 14, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Sep 15, 2021 to Oct 05, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Oct 06, 2021 to Oct 26, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Oct 27, 2021 to Nov 16, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Nov 17, 2021 to Dec 07, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Dec 08, 2021 to Dec 28, 2021
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Dec 29, 2021 to Jan 18, 2022
Total Number of Hours
10.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jan 19, 2022 to Feb 08, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Feb 09, 2022 to Mar 01, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Mar 02, 2022 to Mar 22, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Mar 23, 2022 to Apr 12, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Apr 13, 2022 to May 03, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
May 04, 2022 to May 24, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
May 25, 2022 to Jun 14, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jun 15, 2022 to Jul 05, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jul 06, 2022 to Jul 26, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Jul 27, 2022 to Aug 16, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Aug 17, 2022 to Sep 06, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Sep 07, 2022 to Sep 27, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Sep 28, 2022 to Oct 18, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Oct 19, 2022 to Nov 08, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Nov 09, 2022 to Nov 29, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Nov 30, 2022 to Dec 20, 2022
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
Type
3 week
Dates
Dec 21, 2022 to Jan 10, 2023
Total Number of Hours
15.0
Course Fee(s)
Standard Price $1,380.00
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