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Tools of Data Analysis

Project Management Experts, LLC
Training overview
Professional Course
Self-paced Online
5 hours
From 79 USD
Start dates
Online
79 USD
Start anytime

Course description

Tools of Data Analysis

There are a number of statistical tools and techniques that are commonly used by organizations to inform decision-making. These tools span numerous business functions and support many different objectives. This intermediate-level course describes, evaluates, and analyzes different statistical techniques and their real-world limitations and benefits. The course features crossover analysis, break-even analysis, cluster analysis, decision tree analysis as well as an introduction to regression.

Training content

  • Describe linear programming as finding the best solution to a problem
  • Explain how crossover analysis is utilized in decision making
  • Explain the factors and assumptions involved in break-even analysis
  • Apply the standard deviation rule to a special case of normal distributions
  • Interpret the results of an ANOVA test
  • Describe the various forecasting techniques and the benefits and limitations
  • Identify regression analysis applications for purposes of description and prediction
  • Describe other statistical techniques (time series analysis, cluster analysis, decision trees) and their real-world application
  • Explain the advantages and disadvantages of various statistical techniques
  • Choose a statistical technique based on a brief case study

Course delivery details

Course Access Time: 90 days

Certification / Credits

Credits: 0.5 CEUs / 5 PDUs / 5 HRCIs / 5 SHRMs

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About PME

Project Management Experts, LLC

Project Management Experts (PME) is just that, a consortium of project management experts with at least 20 years of experience who have re-directed their careers to improving the project management competency of our clients. Our training classes focus on building...


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Project Management Experts, LLC


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