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Statistics consists of information, exercises, and knowledge quizzes geared towards more advanced problem solving. This course will provide a review and introduction of basic statistical methods. You will have 180 days to access this course. For the examples, this course will utilize the Microsoft's Excel 'Analysis ToolPack' Add-In. Any statistical software can be used for the analysis.
Learn measures of central tendency and variation
Understand the relationship between a sample and its population
Describe the properties of the Normal Distribution and the Central Limit Theorem
Use and describe Confidence Intervals to characterize a group average
Understand risks in decision-making (Type I and Type II error)
Know how to execute and interpret some commonly-used statistical tests for the average (or group of averages)