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
Understanding statistical techniques is crucial for effective decision-making in business environments. NIGP’s ONLINE: Introduction to Business Statistics is a comprehensive learning experience focusing on data analysis, probability, and graphical methods. This course equips you with the skills needed to interpret and utilize statistical data for marketing, management, and accounting functions. Enhancing your statistical knowledge through this course will significantly boost your career growth opportunities in procurement and other business sectors. Acquiring proficiency in descriptive and inferential statistics can pave the way for better strategic decision-making and overall performance enhancement in your professional endeavors.
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

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
440 Monticello Avenue Suite 1802
PMB 63452
Norfolk, VA 23510

Cancellation Policy

There are no refunds, all sales are final.

Register Today

ONLINE: Introduction to Business Statistics