Product Details
Topics Covered
- probability
- statistics
- data analysis
- graphical displays of data
- descriptive statistics
- counting sets
- set theory
- experiments
- data distributions
- outliers
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
Uncertainty plays a major role in the business world. You may not be able to fully predict the outcome of a decision, but you can use mathematical tools to help you make informed decisions and manage risks. This course will introduce you to the concepts of probability and statistics. You will learn how to calculate probabilities in a variety of situations. You will also explore simple ways to organize and analyze data by learning about different graphical displays and basic
Learning Outcomes
- Use the properties of sets in real-world situations
- Count the number of possible outcomes in a variety of situations, such as the number of permutations and combinations for a set
- Calculate the probability of simple events occurring
- Calculate probabilities in a variety of situations, including conditional events, dependent events, and independent events
- Differentiate between qualitative and quantitative data
- Interpret data from graphical displays including histograms, pie charts, and bar charts
- Explain the real-world meaning of descriptive statistics, such as measures of central tendency and spread
- Explain the real-world meaning of percentiles for a data set
- Describe the role outliers play on the distribution of a data set
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.
