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STATISTICS

2 day(s) | 1.40 CEUs

REGISTRATION FEE: Member: $795 | Non-member: $1,145

 

The use of statistics is critical to the successful operation of the modern business. Whether used as an introduction to statistics, as a refresher of statistics or as an overview, this course will provide you with a solid foundation in the statistical tools you will need to understand and use.

This course is part of the Industrial Engineering Professional Skills Certificate Program. Learn more about IIE certificate programs and how you can save by paying in advance for all of the courses included in a program. Blue Arrows Button 

Class Schedule:

Course IDCourse DatesLocationRegister
1856Jan 15 - 16, 2014Norcross, GARegister

Overview:

In this course, you will learn how to summarize small samples or large amounts of data graphically and mathematically to reach sound conclusions; utilize the predictive power of probability distributions to project process performance in advance; accurately estimate population characteristics; evaluate sample data; analyze data that does not fit into a particular distribution pattern; develop mathematical models to predict business results; and determine the strength and direction of the relationship between two variables.

Topic Highlights:

  • Confidence and confidence intervals
  • Correlation
  • Descriptive statistics
  • Inferential statistics  
  • Probability and probability distributions
  • Regression analysis

What You Will Learn:

  • Analyze and summarize sample data
  • Develop mathematical models to predict business results
  • Predict process performance using probability distributions
  • Provide useful information using an effective data collection system

Course Contents

  • Descriptive statistics
    - Histograms
    - Descriptive statistics
  • Mean
  • Median
  • Mode
    - Standard Deviation
    - Skewness
    - Kurtosis
  • Probability distributions
    - Hypergeometric
    - Binomial
    -Poisson
    - Normal
    - Exponential
    - Chi Square
    - F
    - Student t
  • Inferential statistics
    - Confidence
    - Risks
  • Confidence intervals
    - Means
    - Proportions
    - Standard deviations
  • Tests of hypothesis
    - Means
    - Proportions
    - Standard Deviations
  • Regression models
    - Linear
    - Multivariate
  • Correlation analysis

Corporate Training

This course is available as a corporate training program and can be customized to meet your company’s needs. For more information, contact IIE Director of Continuing Education and Program Development Larry Aft, P.E., (770) 349-1130.

Class cancellation:  IIE reserves the right to cancel a class up to 15 business days prior to the scheduled start date.