Introduction to Statistics

TRAINING COURSE

Details

Introduction to Statistics is a two-day course for anyone interested in data science, marketing, HR analytics, or science. If you are interested in learning how to measure and apply metrics or in going on to learn data-driven decision-making, this foundation course is for you.

The aim of this course is to provide a firm foundation and understanding of statistics for beginners, equipping learners with knowledge of descriptive statistics, probability and the rules of probability, and inferential statistics.

Delivery Methods

Delivery Method Duration
Classroom
2 days Get a Quote
Live Virtual Training
2 days Get a Quote

Discounts Available

Brochure:

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Information may change without notice.

Audience

This course is for anyone interested in pursuing studies in data science, marketing, HR analytics, or science.

Pre-Requisites

  • Maths at NQF Level 4
  • English at NQF Level 3

Course Outline / Curriculum

 

Session 1  - Overview of Business Statistics and Computers 

  • Data types and sources and collection methods.

 

Session  2 - Graphical representation of Statistical Results 

  • Pie charts
  • Component bar charts bar charts
  • Multiple bar charts
  • Frequency diagrams
  • Frequency polygons and gives

 

Session 3 - Central Tendencies

(All for both ungrouped data and grouped data)

  • Calculation of arithmetic means
  • Calculation of mode
  • Calculation of median
  • Calculation of quartiles
  • Calculation of standard deviations

 

Session 4 - Probabilities Calculations

  • Probability rules
  • Counting rules
  • Discrete probabilities
  • Continuous probabilities

 

Session 5 - Probability Distributions

  • Probability distribution discrete
  • Binomial
  • Poisson

 

Session 6 - Confidence intervals

  • Sampling distributions
  • Confidence intervals
  • Single means and single proportions

 

Session 7 - Hypothesis Testing

  • Singles means and proportions
  • Difference between means and proportions

 

Session 8 - Chi-Square Hypothesis testing

  • Test for independence
  • Test for equality
  • Test for goodness of fit

 

Session 9 - Index Numbers

  • Simple (Relative) Price and Quantity Index
  • Composite Price and Quantity Index
  •  Laspeyres Price and Quantity index
  • Paasche Price and Quantity index

 

Session 10 - Regression and Correlation

  • Regression and correlation for two variables

 

Session 11 - Time Series

  • Trend analysis
  • Moving averages 3 and 5-period moving averages
  • Trend using regression analysis
  • Season analysis the ratio-to-moving average method

 

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