Business Statistics

Introduce

Business Statistics is the key to understanding and applying data analysis methods to support accurate and effective decision making in the modern business environment. This is an important foundation that helps you organize, interpret data and predict trends, contributing to improving productivity and competitive value for the organization.

At LSSI, the Business Statistics course not only equips you with extensive knowledge of statistical tools and techniques but also develops analytical thinking and problem-solving skills. The program is designed to give you the confidence to apply basic to advanced statistical methods in practice, including probability analysis, hypothesis testing, regression, and more. This is a solid foundation to promote your career and create sustainable values for the organization.

Training objectives

• Understand and evaluate the value of statistical information in business and work environments.
• Use descriptive statistical tools (mean, median, variance, standard deviation) to organize and analyze data.
• Apply graphical methods such as histograms, histograms, and boxplots to present data clearly and effectively.
• Analyze and calculate probabilities according to statistical distributions such as Binomial, Poisson, Uniform, and Exponential.
• Construct and interpret confidence intervals for parameters such as population means and proportions.
• Perform hypothesis testing for the mean or proportion of one or two populations.
• Apply simple linear regression and correlation analysis to solve bivariate problems.
• Understand and interpret results from computer-generated regression models, including ANOVA tables.

Object

• Leaders, managers, directors
• Quality Control and Assurance Management
• Process Engineer
• Quality Improvement Specialist
• Team Leader in Production and Manufacturing
• Service Industry Managers Involved in Quality Control Processes
• Student

Prerequisites

There are no prerequisites required for joining the Business Statistics program and the program welcomes all new members.

Training methods

• Do practical exercises and final presentation
• Study 50% theory and 50% practice in parallel
• Group discussion, presentation
• Simulation games
• Handling the situation
• Reflection
• Coaching

Training form

• ONLINE via Google Meeting platform or
• OFFLINE at 223 Nguyen Xi – Binh Thanh – Ho Chi Minh
• Number of sessions: 20 sessions – 10 weeks
• Class time: 18:30-21:30 weekday class, 8:30 – 16:00 weekend class