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Course Description

In this lesson, you will practice the critical step of framing your question as a hypothesis that can be tested in terms of the probability of a potential outcome. As straightforward as this may sound, you will see that for a given set of data there are many ways to structure the hypothesis. The way you structure the hypothesis will impact the conclusions you can draw from your data. Because the effectiveness of a decision often hinges on the clarity with which a hypothesis is framed, this first step is crucial. Confidence in decision making can come from optimism or reliance on a good track record, but many times what carries the day is a well-crafted story and solid business intelligence to back it up.

Benefits to the Learner

  • Practice framing your question as a hypothesis that can be tested in terms of the probability of a potential outcome
  • Use an Errors and Mitigation Tool to aid you in recognizing and reducing errors in hypothesis testing
  • Outline your own hypotheses to test a question that is relevant to you personally or to your business
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Type
self-paced (non-instructor led)
Dates
Dec 21, 2017 to Dec 31, 2030
Total Number of Hours
1.5
Course Fee(s)
Regular Price $0.00
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