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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 54 ratings

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