Introductory Statistics - Advanced Course



Course Details:

Length: 1 day

Price: $445/person (USD)

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Training Reviews

Course Features:

Live Instructor Teaching

Certificate of Completion

Digital Badge

Courseware: N/A

Free 6 Month Online Retake

Hands-On Learning?: Yes

Software Lab Included?: Yes

Delivery Methods:

Live Online

Individuals and Groups
@ Your Location

Onsite for Teams

Group Teams
@ Your Organization

This is an instructor-led course. It is taught by an instructor live online or at organizations for groups.
For team training, we can teach onsite at your office or private live online.

 

Course Overview

This course discusses the basics of inferential statistics and commonly used tests for analysis. This includes correctly identifying the test to use and possible errors when running analysis. Designed for those people who want to take the next step with their data and to complement their descriptive procedures with inferential.


Register Early: Registration Deadline is 2 Weeks Prior to Class Start.


Course Notes

Knowledge Prerequisites

Introductory Statistics - Basic
Introductory Statistics - Intermediate


Course Topics



Course FAQs

What Are the Available Class Formats?

This course is taught by a live instructor and is available in two class formats:

  1. Live Online for Individuals
  2. Onsite/Online for Private Groups

What Is Hypothesis Testing in Statistics?

Hypothesis testing in statistics is a method used to evaluate a statement or hypothesis about a population parameter. It generally involves assessing the probability of an observed effect being due to random chance, rather than due to an underlying cause. The setup and execution of the test are key in drawing up relevant conclusions.

What Are Null and Alternative Statistical Hypotheses?

Null and alternative statistical hypotheses are two types of hypotheses used in data analysis. A null hypothesis is the default assumption that there is no relationship between two measured phenomena. An alternative hypothesis states that there is some kind of relationship or difference between the two measured phenomena. The purpose of testing these hypotheses is to determine if the differences are significant enough to reject the null hypothesis. To test these two hypotheses, researchers use a variety of statistical tests and methods such as t-tests, ANOVA, regression, and chi-squared tests. By analyzing the data according to these various tests, researchers can determine whether their initial assumption (the null hypothesis) is valid or if there is sufficient evidence to reject it. If the null hypothesis is rejected, then the alternative hypothesis is accepted.

These tests are used to draw meaningful conclusions about a given dataset. By understanding how to test and interpret null and alternative hypotheses, researchers can gain valuable insight into their data and develop informed decisions based on statistical evidence.

What Are Types of Statistical Hypothesis Errors?

Types of statistical hypothesis errors are classified as either type I or type II.

A type I error occurs when a researcher rejects the null hypothesis, but it is true. This is also known as a "false positive" and often leads to false conclusions about a phenomenon. A high probability of making this kind of mistake increases the chances of reporting erroneous findings.

A type II error occurs when a researcher fails to reject the null hypothesis, but it is false. This is also known as a “false negative” and can lead to incorrect conclusions about a phenomenon. With this type of mistake, there is an increased chance that important information will be overlooked or misinterpreted.

Understanding the types of statistical hypothesis errors can help researchers make more informed decisions when evaluating research results. By recognizing potential mistakes and knowing how to prevent them, researchers can ensure that their findings are accurate and reliable.

What Is Hypothesis Testing: Large Samples, Small Samples, Proportions?

Hypothesis testing is a statistical method of determining the probability that a given assumption or hypothesis is true. It can be used to determine whether large samples, small samples, or proportions are statistically significant enough to support a conclusion. Hypothesis tests involve formulating a null and alternative hypothesis which allows us to calculate the probability of observing sample data that is as extreme or more so than what was observed. Hypothesis testing can be used to test various aspects of a data set, including the mean, variance, proportion, and correlation.

For large sample sizes, hypothesis tests are relatively easy to conduct with common statistical techniques such as the z-test and t-test for means, or the chi-square test for proportions. However, with smaller sample sizes, tests such as Student’s t-test and Wilcoxon rank sum test can be used to assess if differences in samples are statistically significant.

When dealing with proportions (a comparison of frequencies between two groups) hypothesis testing methods such as Fisher’s exact test or the chi-square test for independence can be used. Both of these methods compare frequencies across two or more categories and estimate the probability of observing a difference as extreme or greater than what was observed in the data set.

Hypothesis testing is an effective way to assess whether sample data contains enough statistical evidence to support a conclusion. By using the right test, it’s possible to calculate the probability of observing sample data that is as extreme or more so than what was observed. This can help researchers ensure their conclusions are supported by statistically significant data.

What Is Hypothesis Testing For Two Means: Independent and Dependent Samples?

Hypothesis testing for two means is a statistical method used to compare the difference between two means (averages) from independent or related samples.

In hypothesis testing for two means, an investigator typically starts with a claim or hypothesis about the population parameters that are being studied and then tests this claim using sample data. This process allows the investigator to conclude whether they should accept or reject the hypothesis.

For independent samples, an investigator tests two different groups of unrelated individuals and compares the average scores between these two groups. For dependent samples, one group is used but the members are asked to take part in both experiments so that their scores can be compared over time.

By using hypothesis testing for two means, the investigator can make decisions on whether they should accept or reject the research hypothesis based on the sample data. This method is used to gain insights into population parameters and draw valid conclusions about them. Hypothesis testing for two means is an important tool in many fields of study including economics, sociology, psychology, and education.

It is important to understand that hypothesis testing for two means should always be performed using appropriate statistical methods. This will help ensure that the results are reliable, valid, and accurate. Additionally, it is essential to consider both Type I and Type II errors when conducting hypothesis testing for two means as these types of errors can lead to incorrect results.

The hypothesis testing for the two means method is an important tool that can provide valuable insights into population parameters, allowing investigators to draw valid conclusions and make informed decisions. Properly using this method can lead to more reliable and accurate results. It is therefore essential to understand the concept of hypothesis testing for two means when conducting research.

What Is Hypothesis Testing: One Way Analysis of Variance (ANOVA)?

Hypothesis testing, specifically a one-way analysis of variance (ANOVA), is an inferential statistical technique used to determine whether there is a statistically significant difference between two or more means. In this type of test, the null hypothesis assumes that all the means are equal and the alternative hypothesis states that at least one mean differs from all the others. The ANOVA is a parametric test, meaning that it assumes the population data follows a normal distribution and has an equal variance. The technique uses sums of squares to determine if there are statistically significant differences between the means, resulting in an F-statistic which can be compared to known probability distributions to assess the likelihood of obtaining such an extreme result in the absence of a real difference. Depending on the results, one can accept or reject the null hypothesis and draw conclusions about whether there is a significant effect in the data.

In addition to testing for differences between means, ANOVA can also be used to compare variances. This type of analysis can give insight into the factors that are influencing a given population, such as differences in age groups or gender. Understanding the results of a one-way ANOVA test helps researchers to make informed decisions about their study and can provide evidence for further research.

Hypothesis testing using a one-way analysis of variance is an important tool for examining differences between means and variances in population data. It can help researchers to draw meaningful conclusions from their data and provide evidence of effects on the population. With an understanding of this statistical technique, researchers can better understand the underlying causes behind their results.

What Is Hypothesis Testing: Chi-Square Tests?

Chi-square tests are a form of hypothesis testing that allows researchers to determine the probability that any observed differences between different groups or samples in a data set are due to chance or whether they point to a real difference.

Chi-Square tests are based on the chi-square statistic and are used to test the independence of two variables. The null hypothesis is that there is no relationship between the variables, while the alternative hypothesis is that there is a relationship. To conduct a Chi-Square test, researchers must first collect data in a form that can be organized into frequency distributions for each variable separately and the two variables combined. Then, these frequencies are compared and the Chi-square statistic is determined from a formula that measures the difference between observed and expected frequencies of the data.

The results of a chi-square test can be used to assess whether or not a significant difference exists between observed and expected frequency distributions. If the resulting chi-square value is significant, then it can be concluded that a relationship exists between the two variables being tested. If the chi-square value is not significant, then no conclusion can be made and further investigation into the data set is necessary to determine if there is any relationship between the variables.

Hypothesis testing with chi-square tests is an effective tool to analyze data and make decisions regarding population parameters. It can provide researchers with valuable insights into the relationships between different variables within a dataset, aiding in their understanding of the data they are working with.

What Is Hypothesis Testing: Correlation?

Correlation is a statistical technique used to determine the strength of the relationship between two variables. Correlations can range from -1 (a perfect negative linear relationship) to +1 (a perfect positive linear relationship). A correlation of 0 indicates no meaningful relationship between the two variables. Hypothesis testing allows researchers to measure how much two variables are associated with each other. By testing a hypothesis, researchers can determine the strength of the correlation between two variables and if that correlation is statistically significant. This can help them gain insights into how changes in one variable might affect the other. For instance, if there is a strong positive correlation between education level and income, then it could potentially lead to policy changes that focus on improving access to education.

Hypothesis testing can also be used to test if a correlation between two variables is caused by chance or if the relationship is real and statistically significant. By testing a hypothesis, researchers can draw meaningful conclusions about the data they are studying. Hypothesis testing for correlations allows us to measure the strength of a relationship between two variables and determine if the correlation is significant or caused by chance. By understanding the true nature of correlations, researchers can gain valuable insights into their data and make better decisions.

What Is Hypothesis Testing: Regression?

Regression is a statistical method used to identify relationships between different variables. It can be used to predict the outcome of a situation or event based on the data collected from past observations. A regression model is developed by fitting an equation, which is then tested for accuracy in predicting future outcomes. To assess its validity, it is compared to independent variables such as demographics, environment, or another factor. By making use of hypothesis testing techniques, researchers can analyze the data to see if there is any evidence for a relationship between two or more variables. This type of analysis helps in understanding how different factors can affect outcomes and provides insight into possible future scenarios.

Regression is a valuable tool for exploring relationships and predicting future outcomes. It can be used to understand how different variables interact with each other and can provide insights into how different factors may impact an outcome. Regression is an important statistical process that provides researchers with the ability to identify correlations between variables, predict outcomes, and gain insight into how different factors may affect future outcomes. As such, it is a valuable tool for researchers who are trying to develop more accurate and reliable models of behavior. By utilizing hypothesis testing techniques, researchers can better assess the validity of their models and make sure they are accurately predicting future outcomes.







Related Business Statistics Information:

How Much Do Business Statistics Training Courses Cost?

Public instructor-led Business Statistics course prices start at $445 per student. Group training discounts are available.

Self-Paced Business Statistics eLearning courses cost $250 at the starting point per student. Group purchase discounts are available.

What Business Statistics Skills Should I Learn?

A: If you are wondering what Business Statistics skills are important to learn, we've written a Business Statistics Skills and Learning Guide that maps out Business Statistics skills that are key to master and which of our courses teaches each skill.

Read Our Business Statistics Skills and Learning Guide

What are the courses for statistics?

A: Statistics training course can provide you with the skills and knowledge necessary to work in this field. There are many different types of statistics courses available, so it is important to choose one that best suits your needs and interests.

Topics covered in statistics courses can include: data collection and analysis, probability, statistics for business and economics, and mathematical statistics. Statistics courses can be taken at many different levels, from introductory courses to more advanced courses that cover more specialized topics. Choosing the right statistics course can help you get the most out of your studies and prepare you for a successful career in statistics.

Certstaffix Training offers short 1-day Business Statistics training courses designed to help corporate employees interpret data from various sources. Browse our Statistics classes now or contact us to find out more.

What do you do in business statistics class?

A: In a business statistics course, you can expect to receive training on how to collect, organize, analyze, and interpret data. You'll also learn how to use statistical methods to make informed decisions in the business world. The specific topics covered in a business statistics course will vary depending on the instructor and the level of the course, but generally speaking, you can expect to gain a strong foundation in statistics and its applications in business.

Whether you're interested in taking a statistics course for yourself or looking to get ahead in your career, Certstaffix Training can help. Our Business Statistics courses cover all the essential topics, from probability and statistical inference to regression and time series analysis. You'll learn how to use statistical software packages to make sense of data, and you'll come away with a strong foundation in statistical methods and concepts.

What are the topics in business statistics?

A: Business Statistics courses typically cover a wide range of topics to provide students with a comprehensive understanding of the subject.

These may include:

  • collecting data
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Business Statistics classes often use statistical software to help students analyze data. This software can be used to:

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Business Statistics training may also cover software topics such as:

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Is business statistics a hard class?

A: Business Statistics can be a difficult class for students who are not well-versed in mathematics. The course covers a lot of material and can be challenging for those who are not used to working with numbers. However, Business Statistics is a critical subject for students who want to pursue a career in business. With the right approach, business statistics can be a manageable and even enjoyable class.

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What are the top Statistics skills?

A: Some of the top statistics skills include the ability to collect, organize, and analyze data. Additionally, those with strong statistical skills can use those skills to make predictions or recommendations based on their findings. Finally, individuals with excellent statistics skills can effectively communicate their findings to others. Effective communication is critical in order to ensure that others can understand and utilize the information that has been gathered.

Where Can I Learn More About Business Statistics?

Business Statistics Blogs

Business Statistics User Groups

Business Statistics Online Forums

Explore Statistics Training Classes Near Me:

Certstaffix Training provides Business Statistics classes near me or online, depending on the number of students involved. We offer online courses for individual learners, as well as in person classes at your office for corporate groups. Our trainers are highly experienced professionals with the expertise necessary to help you gain a thorough understanding of Business Statistics concepts and tools. With our courses available online for individuals or in person for corporate groups, it's easy to develop your Business Statistics skills. Start learning today and see how Certstaffix Training can help you reach your goals.

 







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