Intermediate
Statistics
Statistics are all around our everyday lives. In the news, social media, magazines, blogs, and more. Working in any area of business and finance requires an understanding of how statistical data is calculated. This class will teach you the basics for statistics.
CPE Credits:
Curriculum
- 9 Sections
- 29 Lessons
- 0m Duration
What is Statistics?
5 Lessons
- Welcome
- What is Statistics?
- Why is it Important?
- Qualitative vs Quantitative Data
- Symbols
Relevance in Accounting
1 Lesson
- When Will I See Statistics in Accounting?
Relevance in Business
1 Lesson
- When Will I See Statistics in Business?
Hypotheses
4 Lessons
- What is a Hypothesis?
- Null Hypothesis
- Alternative Hypothesis
- Types of Errors
Probabilities and Testing
9 Lessons
- What is Probability?
- Types of Probabilities
- Why Do We Test?
- Independent vs Dependent Events
- Mutual Exclusivity
- Addition Rules for Probability
- Multiplication Rules for Probability
- Degrees of Freedom
- Variance and Standard Deviation
Populations vs Samples
2 Lessons
- What is a Population?
- What is a Sample?
P-Values
3 Lessons
- What are P-Values?
- Confidence Levels and Intervals
- Significance Level
One Tailed vs Two Tailed Tests
2 Lessons
- One Tailed Test
- Two Tailed Test
Tests
2 Lessons
- Z-Tests
- T-Tests
