Module 1: Collecting and Describing Data

1. Module 1 Overview

Lesson 1: Decision Making Under Uncertainty

1. Lesson 1 Overview
2. Why Statistics?
3. Statistics in Management
4. Statistical Technology Introduction
5. Basic Concepts in Statistics
6. Types of Statistics
7. Types of Variables
8. Types of Studies
9. Descriptive Statistics
10. Measures of Position
11. Measures of Variability
12. Comparing Standard Deviations
13. Graphical Summaries
14. Lesson 1 Summary

Lesson 2: Distributions

1. Lesson 2 Overview
2. Probability
3. Probability Distribution
4. Approaches to Assigning Probabilities
5. Opening Case: Inventory Management
6. Normal Distribution
7. Interpreting the Normal Distribution
8. Using the Normal Curve in Inventory Management
9. Empirical Rule: Normally Distributed Variables
10. Z-scores
11. Standard Normal (z) Distribution
12. Inventory Management Example with Standard Units (Z)
13. Finding Values of Z-Alpha
14. Concept in Action: Application of Normal and Standard Normal Distributions (Z)
15. Lesson 2 Summary