Skye Learning Introduction to Business Statistics - Details Page

Product Details

Topics Covered

  • Descriptive vs. inferential statistics
  • Scales of measurement
  • Graphical or tabular method
  • Frequency distributions
  • Frequency polygons
  • Bar graphs
  • Pie charts
  • Line graphs
  • Histograms
  • Probability
  • Mode
  • Median
  • Mean
  • Variance
  • Standard deviation of a dataset
  • Sampling with and without replacement
  • Permutations
  • Combinations
  • Area under a curve

Key Features

  • Mobile-friendly
  • Audio-enabled
  • Badge and credit-awarding
  • Real-world case studies
  • Fully accessible
  • Games & Flashcards
  • Expert-supported
  • Video content

Course Preview

Course Description

Learning Outcomes

  • Differentiate between descriptive and inferential statistics
  • Distinguish between the four different scales of measurement: nominal, ordinal, interval, and ratio
  • Identify the appropriate graphical or tabular method for presenting your data
  • Create frequency distributions
  • Create meaningful presentations and graphs including frequency polygons, bar graphs, pie charts, line graphs, histograms
  • Calculate probability and explain its practical application
  • Compute the mode, median, and mean of a dataset
  • Calculate the variance and standard deviation of a dataset
  • Interpret sampling with and without replacement
  • Explain the significance of the area under a curve

Notes

This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.

As an Accredited Provider, MindEdge offers for its learning events that comply with the Continuing Education and Training Standard.

Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive credit. Learners will have three attempts at all graded assessments.

Project Management Institute, , the Registered Education Provider logo, Project Management Professional, , Project Management Body of Knowledge, , Agile Certified Practitioner, -, Risk Management Professional, -, the Talent Triangle, and the Talent Triangle logo are marks of the Project Management Institute, Inc.

Information in this course has been taken from A Guide to the Project Management Body of Knowledge, (® Guide) - Sixth Edition, Project Management Institute Inc., 2017.

The following list outlines the you will earn for completing this course, based on the certifications you have.

CAPM®/PMP®/PgMP®
Ways of Working PDUs: 1.5
Power Skills PDUs: 0
Business Acumen PDUs: 2.5
TOTAL: 4

PfMP®
Ways of Working PDUs: 1.5
Power Skills PDUs: 0
Business Acumen PDUs: 2.5
TOTAL: 4

PMI-ACP®
Ways of Working PDUs: 0
Power Skills PDUs: 0
Business Acumen PDUs: 2.5
TOTAL: 2.5

PMI-PBA®
Ways of Working PDUs: 1.5
Power Skills PDUs: 0
Business Acumen PDUs: 2.5
TOTAL: 4

PMI-RMP®
Ways of Working PDUs: 0
Power Skills PDUs: 0
Business Acumen PDUs: 2.5
TOTAL: 2.5

PMI-SP®
Ways of Working PDUs: 0
Power Skills PDUs: 0
Business Acumen PDUs: 2.5
TOTAL: 2.5