Statistics and Data Analysis with Excel: Essentials
By External Provider
About this course
Statistics and data analysis involve collecting, analysing, interpreting and presenting data to stakeholders to enhance their decision-making. Statistics is all about making sense of numbers and finding patterns in the data - in business, health, sports, science, the arts, and more. Statistics can be divided into two main branches, descriptive statistics and inferential statistics. Descriptive Statistics summarise and describe the features of a data set. Inferential Statistics allow us to make predictions or inferences about a population based on a sample of data that we have access to. In this course, you will be equipped with the tools and techniques to transform your data into meaningful output to drive insights for your work and your organisation. We will explore both Descriptive Statistics as well as Inferential Statistics.
What you will learn
- Evaluate the impact of statistical methods on organisation-wide decision-making processes.
- Design spreadsheet models to predict organisational trends and outcomes.
- Critically interpret graphical data representations to identify actionable insights.
- Formulate data analysis strategies to optimise organisational performance.