Understanding statistical correlations is essential for all employees in a company. From management, to work systems, to continuous improvement – everywhere decisions are made by numbers.
This module enables you to collect and analyze the right amount of data from your processes, depending on the type. You will learn how data can be categorized and presented graphically in an appropriate chart form to provide a better basis for later decisions.
Fundamentals of statistics refer to the methods and techniques used to collect, analyze, interpret and present data. This area of knowledge is critical to making data-based decisions in science, industry and many other fields. Statistical principles include understanding different types of data, collecting and analyzing samples, and using descriptive and inferential statistical methods.