Statistics for Managers Training Course

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.

 

 

Requirements

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

This course does not require in-dept mathemtics skills.

 

Duration

35.00 hours
 

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.