Introduction to Business Statistics 2012

Topics

• Distinguish between the 4 different scales of measurement: ordinal, nominal, ratio and interval
• Differentiate between descriptive and inferential statistics
• Frequency distributions
• The appropriate graphical or tabular method for presenting your data
• Probability and its practical application
• Meaningful presentations and graphs including: bar graphs, frequency polygons, line graphs, pie charts and histograms
• The variance and standard deviation of a dataset
• The mode, median, and mean of a dataset
• The significance of the area under a curve
• Sampling with and without replacement

Who should Attend

Adult learners and/or non-financial manager.