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Statistical Analysis & Probability
Skill Up

Special Sale| CPD Accredited| FREE PDF Certificate & Transcript | Lifetime Access| Tutor Support | Free Exam

Summary

Price
£19 inc VAT
Study method
Online
Duration
7 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
10 CPD hours / points
CPD What's this?
Certificates
  • Certificate of completion - Digital certificate - Free
  • Certificate of completion - Hard copy certificate - £19.99
Assessment details
  • Multiple Choice Question (MCQ) (included in price)
Additional info
  • Tutor is available to students

Overview

Imagine you work for a pharmaceutical company and need to analyse the effectiveness of a new drug. You collect data on patient outcomes and use statistical analysis to draw conclusions about the drug's impact. This is just one example of how statistics plays a crucial role in decision-making across various fields.

Learning outcomes:

  • Understand the fundamental concepts and principles of statistics.
  • Analyse and interpret data using descriptive statistical measures.
  • Apply probability theory to make informed predictions and decisions.
  • Conduct hypothesis tests and draw valid conclusions.
  • Perform regression analysis to model relationships between variables.
  • Embrace Bayesian methods for learning from experience and updating beliefs.

Certificates

Assessment details

Multiple Choice Question (MCQ)

Included in course price

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

Unlock the power of data with our comprehensive Statistical Analysis course. From exploring the realm of statistics to advanced techniques like regression analysis and Bayesian methods, this course equips you with the skills to make sense of data and draw meaningful insights. Gain a solid foundation in statistical concepts, learn to analyse data variability, and understand key distributions. Discover how to estimate parameters and construct confidence intervals. Dive into hypothesis testing and learn to make informed decisions based on data. Harness the power of regression analysis for predictive modelling, and explore the Bayesian approach to learning from experience. Avoid common pitfalls and learn how to do statistics better.

Join us on this enlightening journey to become a statistical analysis expert.

Who is this course for?

  • Professionals seeking to enhance their data analysis skills.
  • Researchers who want to apply statistical methods to their work.
  • Students pursuing degrees in mathematics, economics, or social sciences.
  • Anyone interested in understanding and making sense of data using statistical techniques.

Career path

  • Data Analyst: £25,000 - £40,000 per year.
  • Statistician: £30,000 - £60,000 per year.
  • Research Analyst: £25,000 - £45,000 per year.
  • Business Intelligence Analyst: £30,000 - £50,000 per year.
  • Market Research Analyst: £25,000 - £45,000 per year.
  • Financial Analyst: £30,000 - £60,000 per year.

Questions and answers

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Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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