Course

ONLINE: Introduction to Business Statistics

  • Instructor: Online Learning
    Online Learning
    Phone: 800-367-6447Fax: 703-736-9644
    Online, self paced learning, anytime, anywhere you want. Be sure to check out all the ONLINE offerings we have! Recommendations? Comments? Please send us an email at the address listed above. We'd love to hear from you!
  • Level: Foundation
  • Format: On Demand
  • Contact Hours: 4
  • CEUs: 0.4

This course will introduce you to the importance of statistics in the business world. Statistics is the science of collecting, organizing, and analyzing data in order to make more effective decisions. Understanding statistical techniques can help any manager responsible for marketing, management, accounting, sales, or other business functions.

Pricing:
PriceCostBeginsEnds
ONLINE: Introduction to Business Statistics (Member Rate)$71.0002/07/2016 
ONLINE: Introduction to Business Statistics (Non-Member)$121.0002/07/2016 
ONLINE: Introduction to Business Statistics (Member Rate) $71.00
ONLINE: Introduction to Business Statistics (Non-Member) $121.00

Objectives

Upon successful completion of this course participants will be able to:

  • Differentiate between descriptive and inferential statistics
  • Distinguish between the 4 different scales of measurement: nominal, ordinal, interval, and ratio
  • Identify the appropriate graphical or tabular method for presenting your data
  • Create frequency distributions
  • Create meaningful presentations and graphs including:
    • frequency polygons
    • bar graphs
    • pie charts
    • line graphs
    • histograms
  • Calculate probability and explain its practical application
  • Compute the mode, median, and mean of a dataset
  • Calculate the variance and standard deviation of a dataset
  • Interpret sampling with and without replacement
  • Explain the significance of the area under a curve

Intended Audience

This offering is targeted to individuals who meet or exceed the following professional demographics:  

  • Entry-level public procurement and central warehouse professionals who serve as assistants, coordinators, buyers, or equivalent functions within their respective entities.   

  • Non-procurement managers and supervisors who are responsible for either the procurement function or staff who provide procurement functions under delegated authority.   

  • Professionals who are employed by governing entities and special authorities (such as K-12 and higher education, publicly-owned utilities, transportation providers, and other publicly-funded or created organizations) that either serve within or manage the procurement function.  

  • Suppliers or representatives of suppliers seeking to understand the public procurement function from a holistic level, including the policies, standards, and procedures by which public entities must function.  


Completion Requirements

  • Students must complete the course within 90 days
  • Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement
  • Learners will have three attempts at all graded assessments.
  • NIGP will not issue partial CEU credits
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Miscellaneous

Length

  • On-Demand. Learn on your schedule. On-demand training is for professionals who prefer to develop the skills they need on their time and at their pace. Learners can start, stop and rewind the lessons at your convenience.

System Requirements

Operating System:

  • Windows Vista SP2 or newer
  • Mac OS 10.5 or higher
  • Linux/Unix (any recent version)

Hardware:

  • Video Card
  • Sound card and headphones or speakers (some assignments have audio components)

Software:

Web Browser:

  • The last three versions of the major browsers: Firefox, Chrome, Safari, Internet Explorer
  • Other web browsers may work, but may not render all features of the courses
  • Cookies must be enabled
  • JavaScript must be enabled

Internet:

  • Reliable internet connection. Broadband cable or highspeed DSL is recommended for optimal experience.
  • E-mail account (to be able to register and to receive e-mail from the course system regarding registration, course status, etc.)
  • Linux/Unix (any recent version)

Payment Information

  • Register online with credit card
  • Register online and upload a Purchase Order
  • Register by fax and download the print & fax form

*FORM OF PAYMENT MUST ACCOMPANY REGISTRATION FORM FOR ORDER TO BE PROCESSED

Methods of Payment Accepted: Check (make checks payable to NIGP), Purchase Orders (via print and fax form or online), and Credit Cards (Master Card, Visa, and American Express).

If paying by check, please make check payable to NIGP and send payment to:
NIGP, Attn: Seminar Registration
2411 Dulles Corner Park, Suite 350
Herndon, VA 20171

Cancellation Policy

There are no refunds, all sales are final.

Register Today

ONLINE: Introduction to Business Statistics