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
Finance departments are being relied upon to demystify complex sets of data, and derive insights that shape an organisation's strategy. Effective teams use visualisation when communicating with stakeholders, to translate the data into easily understood concepts and demonstrate significant findings.
Through this course you will learn to interpret present data in a meaningful and effective way to support organisational goals.
Featuring examples and real-world application provided by industry experts and financial leaders to embed the learning and bring the content to life, through this course you will gain the requisite tools and techniques that are increasingly important in modern finance roles.
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