Learners will get a comprehensive understanding of basic statistics from the types of data through the use of standard deviations to quantify variation in a data set.
Includes understanding probability, how processes generate data and how to apply descriptive statistics to process improvement
This course focuses on the metrics of descriptive statistics by providing a set of tools and methods used for performing data analysis to aid us in obtaining insights and understanding data
This product (Basic Statistics and Probability) is a 52-slide PowerPoint presentation (PPTX), which you can download immediately upon purchase.
The understanding of Basic Statistics and the acquired skill set to describe the key facets of data sets is essential for effective problem solving, decision making, and participating in a business effort. This course focuses on the metrics of descriptive statistics by providing a set of tools and methods used for performing data analysis to aid us in obtaining insights and understanding data. Additionally, learners are given a working probability and how it relates to data. This course prepares students for readily learning inferential statistics as well. Learners will get a comprehensive understanding of basic statistics from the types of data through the use of standard deviations to quantify variation in a data set.
What This Course Provides
This 52-page course provides learners with a thorough understanding of the terminology and methodology associated with basic statistics. It provides a full understanding of "population" vs "sampling" data and the symbols to represent it. It includes exercises and practice sessions to deepen the learning experience. This course provides learners with all of the descriptive statistical analysis metrics along with an understanding of the different types of data, basic probability, and the behavior of processes to generate data. Learners receive a detailed understanding of the metrics and how they are collectively used to gather insights, see patterns and be able to communicate the effects of the data. It is presented in FranklinGood's comprehensive and highly visual learning format. This course will help learners solve problems by obtaining numerous insights from raw data?and they are exposed to multiple statistical methods ensuring they can find the "gold nuggets" in mountains of data.
• Learn the terminology used in basic statistics.
• Learn the two types of data (qualitative and quantitative including nominal, ordinal, discrete, and – continuous data).
• To Understand the difference between sampling data and the total population of data.
• Learn the concepts of central tendency of data (mean, mode, median).
• Learn the effects of variation in data and how to describe it (min, max, range, standard deviation).
• To be able to describe the essence of the data and gain insights with only a small amount of somewhat abstract data formulas.
• To be able to communicate facts and figures more effectively.
• To understand how processes generate data, how to categorize that data, and learn from it to improve process performance.
• To understand the basics of probability and how to apply it to process improvement.
• To prepare the learner for an ever-expanding information world.
Extended Benefits from this Course
Our approach to basic statistics is very comprehensive. It prepares learners for a number of additional topics related to data-oriented problem solving and decision making. We demonstrate how data sets contain information and often tell a story, and how to interpret data sets for valuable insights. This course helps learners find order out of data chaos with easy-to-learn and easy-to-apply descriptive metrics to enable a much more rapid review, assimilation, and understanding of data.
Train the Trainer Services
Train the Trainer services can be conducted via virtual or on-site for this course. Please request details and pricing by emailing your request to the address found within the course.
Don Redinius, CEO of FranklinGood, is a globally recognized expert in business and personal performance improvement with a broad base of knowledge, extensive experience and he is an excellent teacher. He has over thirty years of business experience. More than twenty-five years of executive management experience at the VP, Senior VP, President, and CEO level, is a certified Six Sigma Master Black Belt and a Lean Expert.
[read more] He has developed classroom, on-line and hybrid training curriculums and has trained more than 1600 individuals. Additionally, he has helped numerous companies and individuals to improve financial outcomes, increase productivity, advance managerial and leadership competencies, and has solved a large number of specific business problems.
Don has written three books; The New Era of Financial Success, Process Management, and Improvement for Business Teams and is a contributing author to the book Six Sigma for Dummies. He is currently writing a book on leadership titled; The New Era of Leadership - Practical Principles for Sustainable Results. He has spoken at more than 50 conferences and symposiums around the world, has written more than 50 white papers on various personal and business improvement topics, published over 8 magazine articles, and has spoken at several universities including Harvard.
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
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