Math, Numerical Methods & Data Analytics

Applied Statistics for Managers

Mastering Statistical Techniques for Effective Management

Workload: 296 hours Topics: Applied Mathematics for Business
Initial Registration โ€” 80 EUR This initial payment is credited toward tuition. Program-specific discounts may apply.
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Program overview

Applied Statistics for Managers equips participants with essential statistical methods and data analysis skills tailored for business contexts. The course emphasizes hands-on learning through project-based activities, enabling students to apply theoretical concepts to real-world scenarios. Participants will engage in interactive sessions that foster collaboration and critical thinking, culminating in a final project that showcases their ability to analyze and interpret data relevant to managerial decision-making.
Throughout the program, learners will explore a range of statistical tools and techniques that enhance their analytical capabilities. By the end of the course, participants will be prepared to leverage data-driven insights for strategic planning and performance improvement. The course also encourages publishing results in Cademix Magazine, providing an opportunity for participants to share their findings with a broader audience.
Introduction to Statistical Concepts and Terminology
Data Collection Techniques and Survey Design
Descriptive Statistics: Measures of Central Tendency and Dispersion
Probability Distributions and Their Applications
Inferential Statistics: Hypothesis Testing and Confidence Intervals
Regression Analysis: Simple and Multiple Linear Regression
Time Series Analysis for Business Forecasting
Analysis of Variance (ANOVA) for Comparing Groups
Non-parametric Statistical Methods
Final Project: Data Analysis and Presentation for a Business Case Study

Learning goal

Develop proficiency in statistical analysis and its application in managerial contexts.

Target group

Graduates, job seekers, business professionals, researchers, and consultants.

Prerequisites

Basic understanding of mathematics and familiarity with spreadsheets.

Format and certification

Teaching method: Project-based, interactive learning environment.

Certificate: Certificate of Attendance or Certificate of Expert from Cademix Institute of Technology.

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Cademix Institute of Technology e.U.Continuing Education ยท Professional Development ยท Austria