Business Statistics & Data Analysis

Course Description

 This course is for all Marketing, Sales, HR, Business Analysts and Managers who routinely analyze data for business applications. Areas of focus are foundation statistics, distribution analysis, capability assessment, graphing, comparison tests and sample size selection.

Audience

This course is required for all Marketing, Sales, HR, Business Analysts and Managers who routinely analyze data for business application.

Prerequisites:

None.

16 Hours


Contact Information

Email
paulette@pyyoungassociates.com

Phone
1 (650) 967-2700

Address
P.O. Box 2103
Sunnyvale, CA 94087-0103

Course Objectives

Upon completion of the course the participants will be able to:
Understand the ideas associated with sampling and data collection
Demonstrate the ability to evaluate distributions
Select appropriate sample sizes for performance evaluation
Conduct comparative tests using data
Use regression techniques in order to analyze data and make performance improvements
Select appropriate analysis technique based on type of data

Course Outline:

Introduction to the Analytical Software (JMP)
Table commands
Column commands
Row commands
Subset, Stack and Join commands
Saving data and graphs

Statistics Foundations & Distribution Analysis
Measures of center and spread
Standard error and central limit theorem
Normal distribution, t distribution and confidence intervals
Test for Normality
Individuals and tolerance intervals (normal)
Process capability (normal)
Non-normal distribution fitting
Trend Analysis

Nominal X, Continuous Y
Sample size for the mean
t test - one sample, two sample and paired Test for differences in variances
One-way ANOVA
Customer Satisfaction and Nonparametric data analysis

Continuous X, Continuous Y
Simple linear regression, correlation

Nominal X, Nominal Y
Test for proportion defective
Chi-square test for defects and proportion defective
Pareto graphs and cross tabs analysis

Continuous X, Nominal Y and Partition
Logistic regression