Statistical Analysis for Management and Decision Making

Course details

The aim of this course is to train the participants on the effective management and decision making process based on the scientific and logical statistical analysis.

Learning outcomes

By the completion of this course, learner will be able to:

• Understand the fundamentals of the Statistical Analysis
• Apply basic data test methods like (Chi-Squared)
• Analyze the data validity and reliability
• Understand the usability of the data analysis computer programs such as SPSS and Excel
• Understand the concept of the probability tree
• Relate the statistical analysis to the decision making

Expected Qualification/Unit Level 

This course is an introduction to an expected Unit on Statistics equivalent to NQF Level 5

Assessment criteria for each learning outcome

Learners will be assessed throughout the courses based on their competency shown by one or more of the followings:

LO1, 4: Test

LO2, 3, 5: Assignment

Who should attend or potential job occupations

This courses is designed to suite each of the following roles:

• Manager,
• Team leaders
• Sales/Marketing personnel
• Students
• Project expeditors
• Project coordinators
• Any interested individual

Program Sector

Management

Topic / Content outlines

• Fundamentals of Statistical Analysis
• Data sampling methods
• Data normal distribution
• Data validity and reliability testing
• Hypothesis and hypothesis testing
• The probability theory
• The application of SPSS
• Decision making tools and techniques