Business Analytics: Understanding and Using Confidence Intervals Online Class

Description

In this course, you will :

• focuses on just that, sharing fundamental techniques for constructing and interpreting confidence intervals.
• how to compute them (including using R and Excel); how to compare means using confidence intervals; and other topics

Syllabus :

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

Show more