Audience

Business managers, business analysts, and researchers who need to be familiar with methods of data collection and analysis

Prerequisites

Basic math and algebra

Course Aim

To introduce the learner to the processes of data collection, organization, and display

Learning Objectives

Explain the importance of data in decision making. Organize data into a spreadsheet database. Calculate the median, and compute quartiles and percentiles from data sets. Construct and interpret boxplots. Construct frequency tables and histograms. Define and calculate the mean and standard deviation. State the empirical rule and Chebychev's rule. Construct likely intervals for data based on the mean and standard deviation. Group data according to multiple factors.

Topics Covered

Data - The importance of data to society - Statistical databases Simple Data Analysis and Displays - The median, quartiles, and extremes - Boxplots - Frequency distributions and histograms Data Reduction - The mean and standard deviation - The empirical rule and Chebychev's rule - Data groups - Hands-on: Grouping data

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