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Business Analytics: Understanding and Using Confidence Intervals

Offered By: LinkedIn Learning

Tags

Business Analysis Courses R Programming Courses Hypothesis Testing Courses Confidence Intervals Courses Statistical Analysis Courses Data Interpretation Courses

Course Description

Overview

Learn basic techniques for constructing and interpreting confidence intervals, as well as what they can tell you about your personal and business decisions.

Syllabus

Introduction
  • The applicability of confidence intervals
1. The Use of Confidence Intervals
  • Confidence intervals in everyday life
  • Purpose of confidence intervals
  • The calculation of confidence intervals
  • Sample and a population parameters
  • Interpret confidence intervals
  • Choose and calculate the right standard error
  • Distributions: z versus t
  • Arrange for the original metric
  • Calculate confidence intervals with software
2. Hypothesis Testing with Two Means
  • Compare means using confidence intervals
  • Design the analysis
  • Quantify the mean difference
  • Use R to compare means
Conclusion
  • Next steps

Taught by

Conrad Carlberg

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