Introduction to Statistics training lays the foundation to understand applied statistics. The participants will learn about the principles, concepts, and techniques of business statistics. The flow of training will gradually build your business statistical thinking skills`, interpret business data, and guide about its implication in different real life scenarios. The participants are exposed to both quantitative and logical reasoning that helps in encountering business needs of all domains.
This statistical data analysis training will impart you knowledge on the following topics:
- Introduction to Statistical Thinking including use and misuse of Statistics
- Data collection and sampling techniques
- Methods of frequency distribution and graphs
- Measures of Central tendency, Variation range, and position
- Sample spaces and Probability, Basic Counting Methods
- Types of probability distribution including Binomial Distribution and Poisson Distribution
- Ways of finding Normal Distribution and its applications
- Confidence Interval Estimation
- Hypothesis Testing, including z-, t-, and χ2 Tests
- Correlation and Regression
- Test for Goodness of Fit, and Independence
- One-Way and two-way Analysis of Variance (ANOVA)
- Use nonparametric statistics methods
- Sampling and Simulation techniques
Target audience
- Academicians
- PhD scholars
- Data analyst
- Decision makers
Prerequisites
The candidates with mathematics background can undergo this training.