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DESCRIPTION
Statistics is both fascinating and extremely powerful. When it isn?t presented in a logical, practical fashion using real business problems, its power is never realized. In this module, we attempt to demystify statistics and demonstrate its usefulness in analyzing business processes.
Topics covered include populations, samples, what is meant by inferential statistics, data types, principles of variation, descriptive statistics including Measures of central tendency: Mean, Median, Mode, Measures of dispersion: Range, Standard Deviation, Histograms, the Normal Distribution, Z Distribution and what a six sigma process really means.
This material is suitable for independent study or formal classroom training and includes a list of tools, an exercise, and quiz questions.
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Source: 029_Introduction to Statistics PowerPoint (PPTX) Presentation, [x]mjcarter
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