2 Days | 1.4 CEUs


In this course, you will learn how to summarize small samples or large amounts of data graphically and mathematically to reach sound conclusions; utilize the predictive power of probability distributions to project process performance in advance; accurately estimate population characteristics; evaluate sample data; analyze data that does not fit into a particular distribution pattern; develop mathematical models to predict business results; and determine the strength and direction of the relationship between two variables.

What You Will Learn:

  • Analyze and summarize sample data
  • Develop mathematical models to predict business results
  • Predict process performance using probability distributions
  • Provide useful information using an effective data collection system 

Course Contents

  • Descriptive statistics
    - Histograms
    - Descriptive statistics
  • Mean
  • Median
  • Mode
    - Standard Deviation
    - Skewness
    - Kurtosis
  • Probability distributions
    - Hypergeometric
    - Binomial
    - Normal
    - Exponential
    - Chi Square
    - F
    - Student t
  • Inferential statistics
    - Confidence
    - Risks
  • Confidence intervals
    - Means
    - Proportions
    - Standard deviations
  • Tests of hypothesis
    - Means
    - Proportions
    - Standard Deviations
  • Regression models
    - Linear
    - Multivariate
  • Correlation analysis

IISE reserves the right to cancel a class up to 15 business days prior to the scheduled start date

Registration Fee

Member: $795 Non-Member: $1,145

Course Schedule

No courses scheduled, contact Larry Aft for availability