This course is a stand-alone CPA Australia micro-credentialed course focused on how to interpret data in business. Successfully complete this course and assessment to receive a digital badge that you can share on LinkedIn and other social media platforms.
Description
About CPA Australia Micro-Credentials
CPA Australia’s Micro-Credentials are based on technical and non-technical competencies and align to our Accounting and Finance Capability Framework. Our partner, Credly, will provide you with a digital badge on successful completion of the assessment. Your digital badge allows you to demonstrate your capability and achievement, and can be placed on your LinkedIn profile, digital CV or email signature.
About Statistical Analysis for Decision-Making
In this course, you will learn how to categorise and organise different types of data for analysis.
You will learn about the fundamental concepts in probability and how they can be used in organisational decision-making.
You will also learn about various sampling strategies that can be used to infer conclusions about a population, calculating confidence intervals for determining the range of values in which a true population value is likely to be found and hypothesis testing to explain why something has happened or predict what might happen in the future.
This course is highly interactive with activities, videos and simulations to keep you actively engaged and will focus on a broad range of industries.
Key topics
Data Classification
- Explore different types of data for analysis and how best to categorise and organise them.
Probability
- Learn about the fundamental concepts in probability and how they can be used in organisational decision-making.
Sampling and Confidence Intervals
- Discover how various sampling strategies and biases can affect data.
Hypothesis Testing
- Learn about how to use hypothesis testing to explain or predict results.
This course consists of one online course with a PDF learning manual and one online assessment.
The assessment will be subject to security measures such as identification verification and webcam monitoring. Please ensure you read the Assessment and Security policy prior to making your purchase.
This course consists of one online course with a PDF learning manual and one online assessment.
The assessment will be subject to security measures such as identification verification and webcam monitoring. Please ensure you read the Assessment and security policy and system requirements prior to making your purchase.
Learning objectives
- Apply data concepts in an organisational context
- Apply probability concepts and statistical techniques to inform organisational decision-making
