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LinkedIn Learning

Business Analytics: Understanding and Using Confidence Intervals

via LinkedIn Learning

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Overview

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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

Reviews

4.4 rating at LinkedIn Learning based on 101 ratings

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