StudySection gives you an opportunity to judge your understanding of statistical concepts and your ability to apply those concepts to your data for better decision making by launching a Free Online Certification Exam (Foundation). This Certification Exam is suitable for beginners who have basic knowledge of business statistics. The objective of this certification exam is to provide you with the knowledge of statistical tools to perform operations on data to draw conclusions.
Business statistics is the science of data that converts raw numerical data, facts, and figures into useful information relevant to the business. It is a statistical tool that can be applied in the fields of production, marketing, finance, manpower planning, research and development, and so on. Statistics is the discipline of making choices about the characteristics of a group of people or things based on numerical data collected from a randomly selected sample of the group. Business statistics can turn a normal business situation, with the proper data gathering, analysis, and research, into an opportunity.
This certification exam consists of several multiple-choice questions on the fundamentals of this program. Some questions may have more than one correct option, and you must select all the correct options in order to make your answer right. After you have successfully passed this online Certification Exam (Foundation), you will become eligible to get an e-Certificate and a certification badge that can be used to enhance your career profile and social media profiles too.
Topics to be covered in the Business Statistics Free Online Certification Exam are the following:
- Basics of Statistics and Statistical Data
- Data Classification and Presentation
- Introduction to Probability
- Measures of Central Tendency
- Measures of Dispersion
- Probability Distributions
- Sampling Distributions
This is a Premium Exam (limited free attempts). Get Admission for unlimited attempts.