Statistics Fundamentals

Picture of Statistics Fundamentals
Now Only
$389
AUD
35% off
$599 AUD
Quick Facts
  • Delivery Method Online
  • Professional Certificate
  • 24hrs Suggested Study Time
  • 3 Months Access
  • Tutor Support
  • Study On Any Device
  • 1110 Students

Improve your understanding of data and learn how to develop graphs and charts so you can use this information to make better decisions.

Do you need an introduction to statistics or maybe just a refresher? Do you want to improve your understanding of data and use it to make decisions? This is the course for you!

With easy-to-understand examples combined with real-world applications, this course provides you with the skills and knowledge you need to start analysing data. You'll explore how to use data and apply statistics to real-life problems and situations.

We'll discuss data and data collection practices. You'll learn to summarise and describe data with charts, numbers, and graphs. You'll even calculate and interpret probabilities and then see how they apply to decision making when you're faced with uncertainty.

You'll learn ways to visualise and measure relationships in data, and we'll also use data to make forecasts and predictions. You'll grasp the basics of statistical inference and discover what it means for a result to be statistically significant. Throughout the course, we'll use real data and a variety of examples drawn from business and industry, health care and medicine, sports, education, politics, news events, and the social sciences.

Don't worry if detailed calculations are not your thing! We'll use a variety of free online resources to aid with calculations. By the end, you'll be able to successfully apply and interpret basic statistical procedures.

 

Courses are delivered to you through expertly executed lessons, online instruction and interaction with like-minded students. Our courses are designed to deliver all of the benefits of studying in a classroom whilst giving you the flexibility to study at a time and place to suit your needs. You can access your classroom 24/7 from any device with an internet connection.

This course has a 3 month duration. You'll complete comprehensive lessons, quizzes and assignments before submitting your final exam at the end of the course to achieve your certificate. Courses must be completed within the 3 month access period.

What's statistics really about? How do you collect reliable data and use it to make informed decisions? In Lesson 1, you'll learn some of the concepts and terms we'll use throughout the course. You'll also find out how statistics affects events in the news and in your everyday life.

Once you have a set of data, how can you summarize and interpret it to figure out what it really means? In Lesson 2, you'll learn to summarize data and describe its center along with its variability. As you learn to calculate mean, median, range, and standard deviation, I'll provide examples from different workplaces. You'll see how statistics plays a part in medicine, human resources, education, politics, finance, and marketing.

Is there an easier way of understanding data than peering at column after column of numbers? Yes! In Lesson 3, you'll see quantitative data displayed in dot plots, histograms, and many other forms. Knowing how to read and construct these graphs will help you see patterns and spot unusual values in data. Our examples in this lesson come from medicine, mortgage lending, classrooms, biologists' field notes, and the aisles of your local grocery store.

"How much satisfaction do you get from your friendships?" "Would you vote for a qualified woman for president?" "Which mountain in the Himalayas is most dangerous to climb?" In Lesson 4, you'll learn to summarize and display qualitative data from questions like these. We'll focus on charts and tables, and along the way you'll see examples from business, government, and medicine.

Is there a link between the poverty rate and the crime rate? Is your score on a math exam related to your anxiety level? In Lesson 5, we'll look at relationships between two quantitative variables. You'll learn to make scatterplots and describe what you see. You'll also use correlation to measure the strength of a particular link.

<p>Can we predict the next world-record time in the mile run? How can we forecast CO<sub>2</sub> levels in the atmosphere? In Lesson 6, we'll go beyond describing and measuring association between variables. You'll use <i>linear regression</i> to find an equation that models the data. Then you'll use the equation to make predictions. </p>

What's the chance you'll have a coin come up "heads" five times in a row? What about drawing four aces from a deck of cards or picking the winning lottery numbers? In Lesson 7, we'll study the basics of probability. You'll learn the rules that govern probability and see how to apply them in a variety of situations.

What should you expect to happen in a game involving chance? How can you estimate the probability that a healthy baby will be born underweight? In Lesson 8, we'll talk about probability models and expected value. Our focus will be the most common probability model in statistics: the normal model. You'll see this bell-shaped distribution in a variety of settings, and you'll learn to use it to estimate probabilities.

How can we move beyond the sample at hand to make predictions and draw conclusions about the population? In Lesson 9, you'll discover the key that lets you make inferences about the population. You'll see the most important result in all of statistics&mdash;the central limit theorem&mdash;and you'll learn why the normal model plays such an important role in statistics. You'll also find out how to use data and probability to evaluate a claim.

"The margin of error for this poll is plus or minus 3%." What does that mean, anyway? In Lesson 10, we'll begin our journey into statistical inference by focusing on confidence intervals for proportions. You'll learn to calculate the margin of error and use it to build an interval for estimating a population proportion. You'll also see how to estimate the sample size you'd need for a survey.

Is there really a home team advantage in sports? Did that television ad your company bought result in increased awareness of your product? In Lesson 11, you'll learn to answer questions such as these by testing an appropriate hypothesis using proportions. You'll find out what steps make up a hypothesis test and how you can interpret the results, make inferences, and arrive at informed decisions.

How do you test hypotheses about means? For example, how can you use a confidence interval to estimate the average number of hours Americans use the Internet each week? In our last lesson together, you'll get an introduction to inference for means. You'll learn to calculate and interpret confidence intervals and hypothesis tests for a mean, and you'll see how to analyze data from a paired experiment. And while we're at it, you'll find out what the history of statistics has to do with the quality of beer in Ireland.

Ben Sellers

Ben Sellers

Ben Sellers has more than 17 years of experience in teaching at all levels from elementary classes to college mathematics and statistics courses. He has taught college students, working professionals, adult learners, high school students, and home... Read more

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Frequently Asked Questions

Once you've made the payment, we'll send you a confirmation email with a link to start your course. Feel free to get started whenever you're ready!

You'll have 3 months access to your course. In that time you are free to study at your own pace. The course duration is 24 hours.

Online learning is a flexible way to study that fits around your schedule, giving you the freedom to learn at your own pace from anywhere in the world. You'll have 3 months to complete the course and can take the multiple-choice questions and final exam whenever it suits you.

If you need help, you can contact us anytime. You can also join the discussion area where you can interact with other students. The discussion area for each lesson is open for the entire duration of the course.

Of course! We offer a 7-day money back guarantee. As long as you haven't completed the course, you can get a full refund within 7 days of enrolling.

We do not offer extensions or transfers for this self-paced course. However, you will have 3 months to complete the course, and if you need to cancel within the first 10 days of enrolment, we offer a money back guarantee.

The Learning Environment

From the moment that you enrol in the Statistics Fundamentals you will become an integral part of our learning community. You'll find yourself with the freedom to learn at a speed that suits you, on any device, from anywhere in the world. Achieving your career goals no longer has to mean compromising family and work commitments.

Ready to get started?

Enrol Now

Our Values

Learn At Your Own Pace

We believe in personalised learning. That's why we provide all the tools and support you need to succeed at your own pace. With flexible learning, you'll stay motivated and retain more information. Plus, you can balance your studies with work and family commitments to make your dreams a reality.

We Won't Break The Bank

Education should be accessible to anyone who wants to learn. That's why we offer some of the most competitive prices in the industry with payments plans for just $25 per week. Investing in your future is a smart choice and doesn’t have to break the bank.

Industry-Led Courses

There's no better way to learn than from experts with years of experience in your field. That's why each of our 200+ industry-led courses are designed to give you a real-life perspective on your industry. With our expert mentors, you'll learn from people who have a wealth of knowledge and experience, and who are passionate about sharing it with you.

Get The Personal Support You Deserve

At Vibe Learning, we're real people who are dedicated to providing you with personal support every step of the way. Our industry experts are not only professional and knowledgeable but also incredibly passionate about sharing their expertise with you. With their guidance, you'll gain invaluable insights and practical knowledge to help you succeed.

Still looking?

Check out the following courses related to Statistics Fundamentals:

Manufacturing Fundamentals Online Course | Vibe Learning
 

Manufacturing Fundamentals

Picture of Manufacturing Fundamentals
Now Only
$389
AUD
35% off
$599 AUD
Quick Facts
  • Delivery Method Online
  • Professional Certificate
  • 24hrs Suggested Study Time
  • 3 Months Access
  • Tutor Support
  • Study On Any Device
  • 795 Students

Learn the basic skills required to work in the manufacturing field.

Learn the basic skills required to work in the manufacturing field. Discover the role of production design, process planning, and the heart of 13 different manufacturing processes. Understand why facility location and plant layout decisions are so vital and learn how job design helps you accomplish company goals and achieve worker satisfaction. Find out what makes up the physical work environment and learn how to characterise different types of production materials. Master product development concepts such as the voice of the customer (VOC), quality function deployment (QFD), and failure mode and effects analysis (FMEA). Learn how performance measurements and standardisation improve manufacturing operations.

In this instructor-facilitated online course, you will learn how successful organisations use costs to communicate manufacturing progress and how to effectively develop short and long-term budgets. Also, you will discover how the application of technology turns an ordinary company into a high-performing organization. You will also find out how ISO 9000 and enterprise resource planning (ERP) make the most of a manufacturer's potential.

Courses are delivered to you through expertly executed lessons, online instruction and interaction with like-minded students. Our courses are designed to deliver all of the benefits of studying in a classroom whilst giving you the flexibility to study at a time and place to suit your needs. You can access your classroom 24/7 from any device with an internet connection.

This course has a 3 month duration. You'll complete comprehensive lessons, quizzes and assignments before submitting your final exam at the end of the course to achieve your certificate. Courses must be completed within the 3 month access period.

To make sure we get off to a good start, we'll begin this first lesson by defining manufacturing—looking at its history, identifying the various types of industries, and discussing different types of products. We'll survey the critical areas of design, materials, processes, technology, and systems. Then, we'll finish up by examining manufacturing capability, trends in the field, and manufacturing careers.

Production design is a critical activity for any manufacturing firm because it plays a major role in defining overall costs. Once a production design is set, it charts the course for a product. Even the most expensive equipment and the best engineers can't offset the limitations of a production design. Today, we'll examine the elements of production design and process planning. Then, we'll explore the vast number of processing types including metal casting, bulk deformation, sheet metal forming, material removing, polymer and plastic processing, rubber production, glass manufacturing, powder processing, surface processing, joining and fastening, electronics assembly, and chemical processing.

Before you can manufacture anything, you need some land, a building, and a layout. Your decisions about these elements are extremely important, especially the first two. Once you buy land and erect a building, it's usually too late to change your mind without incurring a stiff penalty. So, in this lesson, we'll explore the ins and outs of facility selection and layout. We'll begin by discussing the influence of forecasting, long-range planning, and capacity planning. Then we'll identify the numerous factors you need to consider for a general and specific location and look at a way to evaluate them. We'll also examine plant layout and review a few options for it.

Our topic today is job design. Job design has changed dramatically over the years and the majority of manufacturing jobs now combine human labor and machines. While a few positions such as assembly or heavy labor may not involve equipment, it's difficult to think of work that doesn't involve mechanical aids or tools. We'll discuss how job design is made up of job content and work methods and how jobs relate to each other. You'll find out how machines relate to human beings, and also how an operation chart helps define the steps a worker takes to complete a job. Then, we'll finish up with a discussion about work teams and a matrix organization, and see how job enlargement and job enrichment increase employee satisfaction.

Today, we'll add another essential layer to our manufacturing picture: how to create an effective and productive physical work environment. The physical work environment includes temperature, humidity, airflow, noise, lighting, and levels of contaminants (hopefully low). It plays a major role in worker well being and productivity. We'll examine the elements of a manufacturing work environment starting with the physical building and moving on to temperature, humidity, airflow, and noise. We'll also talk about lighting, contaminants, and hazards. Then, we'll close with a general look at safety and the elements of an effective safety program.

If you let your imagination run wild, you can probably think of hundreds, perhaps thousands of manufacturing materials. At the companies I've worked for, we've used latex rubber, electronics, sheet metal, wood, human plasma, seaweed, titanium wire, and alligator blood. That's some list! We won't be able to look at all materials, but, in this lesson, we'll cover the basic ones—metals, ceramics, polymers, and composites. We'll start by discussing the nature of materials. Then, we'll move on to their mechanical and physical properties and talk about dimensions, tolerances, and surfaces.

New products are the lifeblood of manufacturing organizations. But did you know that it takes more than 50 new product ideas to generate a single successful one? Unfortunately, most new products don't satisfy customer or company objectives. A major reason new products don't succeed is because they aren't marketed well. Today, we'll make sure this doesn't happen to you. We'll delve into the concept of customer orientation, starting with a brief overview of marketing. Then, we'll explore the voice of the customer (VOC). And finally, you'll see how failure mode, effects analysis (FMEA), and project management can lead to success.

Cost is the price you pay to acquire, maintain, produce, or use materials or services. Since most firms account for their operations at cost, it's vital that you understand how costs are determined and used. In this lesson, we'll examine many different types of costs including discretionary, relevant, variable, and standard. After we finish exploring these costs, you'll see how manufacturers reflect them in their accounting systems.

Today, we'll look at investment decisions for items such as equipment and fixture purchase and replacement. We'll also spend some time on budgeting. We'll discuss the different types of investment decisions, including average rate of return (ARR), payback period, discounted cash flow (DCF), net present value (NPV), and internal rate of return (IRR). After we work through a few problems, we'll discuss the basics of budgeting.

In this lesson, we'll examine performance measurements as a way to keep track of progress. After all, you don't really know how your manufacturing operation performs unless you have an official scorecard. So, today we'll identify the attributes of effective performance measurements and look at a few traditional and progressive methods. Then, we'll wrap things up by addressing physical measurements.

Today is all about standards. They've been around for quite a few years, but it's just in the past few decades that they've stepped out into the spotlight, mainly because of the high profile of ISO 9000. We'll talk about how standards are used, identify where they came from, and discuss how they're developed. We'll also explore their benefits and discover how they're defined.

For our final lesson, we'll focus on technology. We'll look at a few specific technological advances, namely computer aided design (CAD), computer aided manufacturing (CAM), computer integrated manufacturing (CIM), flexible manufacturing system (FMS), and bar coding. Then, we'll close the course by looking at a powerful software package used by manufacturers around the world: enterprise resource planning (ERP).

Tony Swaim

Tony Swaim

Tony Swaim has helped many clients, colleagues, and students reach their professional and personal goals. He has been an online instructor since 1998 and has taught at colleges and universities across the United States since 1981. His focus areas ... Read more

Read Tony Swaim's Profile

Frequently Asked Questions

Once you've made the payment, we'll send you a confirmation email with a link to start your course. Feel free to get started whenever you're ready!

You'll have 3 months access to your course. In that time you are free to study at your own pace. The course duration is 24 hours.

Online learning is a flexible way to study that fits around your schedule, giving you the freedom to learn at your own pace from anywhere in the world. You'll have 3 months to complete the course and can take the multiple-choice questions and final exam whenever it suits you.

If you need help, you can contact us anytime. You can also join the discussion area where you can interact with other students. The discussion area for each lesson is open for the entire duration of the course.

Of course! We offer a 7-day money back guarantee. As long as you haven't completed the course, you can get a full refund within 7 days of enrolling.

We do not offer extensions or transfers for this self-paced course. However, you will have 3 months to complete the course, and if you need to cancel within the first 10 days of enrolment, we offer a money back guarantee.

The Learning Environment

From the moment that you enrol in the Manufacturing Fundamentals you will become an integral part of our learning community. You'll find yourself with the freedom to learn at a speed that suits you, on any device, from anywhere in the world. Achieving your career goals no longer has to mean compromising family and work commitments.

Ready to get started?

Enrol Now

Our Values

Learn At Your Own Pace

We believe in personalised learning. That's why we provide all the tools and support you need to succeed at your own pace. With flexible learning, you'll stay motivated and retain more information. Plus, you can balance your studies with work and family commitments to make your dreams a reality.

We Won't Break The Bank

Education should be accessible to anyone who wants to learn. That's why we offer some of the most competitive prices in the industry with payments plans for just $25 per week. Investing in your future is a smart choice and doesn’t have to break the bank.

Industry-Led Courses

There's no better way to learn than from experts with years of experience in your field. That's why each of our 200+ industry-led courses are designed to give you a real-life perspective on your industry. With our expert mentors, you'll learn from people who have a wealth of knowledge and experience, and who are passionate about sharing it with you.

Get The Personal Support You Deserve

At Vibe Learning, we're real people who are dedicated to providing you with personal support every step of the way. Our industry experts are not only professional and knowledgeable but also incredibly passionate about sharing their expertise with you. With their guidance, you'll gain invaluable insights and practical knowledge to help you succeed.