Postgraduate Certificate in Business Statistics for Logistics
-- ViewingNowThe Postgraduate Certificate in Business Statistics for Logistics is a career-advancing course designed for logistics and supply chain professionals. This certificate program emphasizes the importance of statistical analysis in making informed business decisions, a skill highly sought after in the industry.
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โข Descriptive Statistics: Frequency distributions, measures of central tendency, dispersion, and shape; probability distributions; sampling distributions; confidence intervals.
โข Inferential Statistics: Hypothesis testing, t-tests, ANOVA, chi-square tests; simple and multiple linear regression; logistic regression.
โข Design of Experiments: Factorial designs, randomized block designs, analysis of covariance, response surface methodology.
โข Quality Control and Six Sigma: Control charts, process capability analysis, hypothesis testing, measurement system analysis.
โข Time Series Analysis: Autoregressive (AR), moving average (MA), autoregressive moving average (ARMA), autoregressive integrated moving average (ARIMA) models; seasonal decomposition of time series data.
โข Multivariate Analysis: Principal component analysis, factor analysis, cluster analysis, discriminant analysis.
โข Business Forecasting: Quantitative and qualitative forecasting methods, forecast accuracy measures, forecasting in a supply chain context.
โข Business Analytics and Big Data: Data mining techniques, predictive modeling, machine learning algorithms, text mining.
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