Location

Productivity and Quality Institute - Alexandria

Objectives

• knowledge of statistics helps a manager to describe the problem, identify and evaluate alternative courses of action, estimate error, monitor processes and take appropriate corrective actions to achieve optimum results

Outcomes

Understand the meaning and use of statistical terms used in business statistics. Present and/or interpret data in tables and charts. Understand and applying descriptive statistical measures to business situations. Understand and apply probability distributions to model different types of business processes. Understand and apply statistical inference techniques (including statistical estimation and hypothesis testing) in business situations.

Course Contents

• Introduction to Statistics • Types of data and variables • Describing Data • Probability Concepts and Distributions • Estimation and Confidence Intervals • Hypothesis Testing • Nonparametric Methods: Goodness-of-Fit Tests • Correlation and Linear Regression