Statistical Analysis

According to estimates, when businesses make decisions based on data and statistics, their productivity rises by 5%. As a result, the demand for analytical talents is growing as the world gets more and more data-driven. This Statistical Analysis course teaches you how to use data to make decisions, gain business insights, and forecast trends, giving you a competitive edge in any industry.

Large-scale data collection, exploration, and presentation to identify underlying patterns and trends are known as statistical analysis. Every day, statistics are used in studies, business, and government to help make decisions more scientifically. For example, when introducing new products to the market, statistical analysis can offer helpful information for decision-making. Analysis can be performed to identify the product's trustworthy markets and forecast sales and demand. Additionally, it might be beneficial in choosing the ideal launch window.

This course will improve your ability to make smarter, more impactful decisions in a fast-paced and uncertain world. It will help you to extract strategic business insights and use modelling to predict future trends. It will also help you with your data visualisation skills with which to communicate your findings. So enrol in the Statistical Analysis course and gain vital skills to start a successful career.

Learning Outcomes:

• Understand how data-driven models can improve your decisions.
• Gain data analysis skills that you can apply in your role and organisation.
• Learn to assess the reliability of data, extract strategic business insights, and use modelling to predict future trends.
• Know about data visualisation skills with which to communicate your findings to all stakeholders.
• Learn about probability, binomial and normal distributions.
• Get to know the basic statistical terms.

Why Prefer This Statistical Analysis Course?

• Opportunity to earn a certificate endorsed by the Quality Licence Scheme & another certificate accredited by CPD QS after completing the Statistical Analysis course
• Get a free student ID card! (£10 postal charges will be applicable for international delivery)
• Innovative and engaging content.
• Free assessments
• 24/7 tutor support.

Take a step toward a brighter future!

*** Course Curriculum ***

Here is the curriculum breakdown of the Statistical Analysis course:

• Module 01: The Realm of Statistics
• Module 02: Basic Statistical Terms
• Module 03: The Center of the Data
• Module 04: Data Variability
• Module 05: Binomial and Normal Distributions
• Module 06: Introduction to Probability
• Module 07: Estimates and Intervals
• Module 08: Hypothesis Testing
• Module 09: Regression Analysis
• Module 10: Algorithms, Analytics and Predictions
• Module 11: Learning From Experience: The Bayesian Way
• Module 12: Doing Statistics: The Wrong Way
• Module 13: How We Can Do Statistics Better

Assessment Process

You have to complete the assignment questions given at the end of the course and score a minimum of 60% to pass each exam. Our expert trainers will assess your assignment and give you feedback after you submit the assignment.

After passing the Diploma in Statistical Analysis at QLS Level 5 course exam, you will be able to request a certificate at an additional cost that has been endorsed by the Quality Licence Scheme.

Anyone interested in learning more about the topic is advised to take this Statistical Analysis course. This course is open to everybody.

You will not need any prior background or expertise to enrol in this course.

This Statistical Analysis course is meant to introduce statistical analysis. In the UK, statistical analysts make, on average, £35,817 per year. You will be able to significantly demonstrate your new skills and statistical knowledge. This can benefit you regarding job applications, professional advancement, and personal mastery.

Certificate Accredited by CPD QS

Digital certificate - £10

Diploma in Statistical Analysis at QLS Level 5

Hard copy certificate - £119