Tools of Data Analysis

Tools of Data Analysis icon

Continuing Education Credits: Total PDUs/Contact Hours: 5 Strategic & Business Management PDUs: 1 Technical PM PDUs: 2.5CEUs: 0.5 (Contact Hours: 5 hours) HRCIs: 5

Estimated time to complete:  5 hours (90 days access time)

Self Paced Online Course Description:

There are a number of statistical tools and techniques that are commonly used by organizations to inform decision-making. These tools span numerous business functions and support many different objectives. This intermediate-level course describes, evaluates, and analyzes different statistical techniques and their real-world limitations and benefits. The course features crossover analysis, break-even analysis, cluster analysis, decision tree analysis as well as an introduction to regression.

What You Will Learn:

  • Describe linear programming as finding the best solution to a problem
  • Explain how crossover analysis is utilized in decision making
  • Explain the factors and assumptions involved in break-even analysis
  • Apply the standard deviation rule to a special case of normal distributions
  • Interpret the results of an ANOVA test
  • Describe the various forecasting techniques and the benefits and limitations
  • Identify regression analysis applications for purposes of description and prediction
  • Describe other statistical techniques (time series analysis, cluster analysis, decision trees) and their real-world application
  • Explain the advantages and disadvantages of various statistical techniques
  • Choose a statistical technique based on a brief case study

Related Topics

Course TitleCreditsStart DateStart TimeDelivery TypeDelivery OptionInstructor / LocationPrice
Tools of Data Analysis1 Any AnySelf-Paced OnlineSelf-Paced Online Faculty$79.00 Register Now
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