Statistics for Managers Training Course

Node ID: 12217
 

Duration

35 hours
 

Requirements

Exposure to statistical analysis result at work recommended but not required.

This course does not require in-dept mathemtics skills.

 

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Overview

This course has been created for decision makers whose primary goal is not to do the calculation and the analysis, but to understand them.

The course uses a lot of pictures, diagrams, computer simulations, anecdotes and sense of humour to explain concepts and pitfalls of statistics.

 

 

Course Outline

 

 

Introduction to Statistics

  • What are Statistics?
  • Importance of Statistics
  • Descriptive Statistics
  • Inferential Statistics
  • Variables 
  • Percentiles
  • Measurement
  • Levels of Measurement
  • Basics of Data Collection
  • Distributions
  • Summation Notation
  • Linear Transformations

Common Pitfalls

  • Biased samples
  • Average, mean or median?
  • Misleading graphs
  • Semi-attached figures
  • Third variable problem
  • Ceteris paribus
  • Errors in reasoning
  • Understanding confidence level

Understanding Results

 

  • Describing Bivariate Data
  • Probability
  • Normal Distributions
  • Sampling Distributions
  • Estimation
  • Logic of Hypothesis Testing
  • Testing Means
  • Power
  • Prediction
  • ANOVA
  • Chi Square

Case Studies

Discussion about case studies chosen by the delegates.