In today’s business world, companies cannot remain competitive if they must measure every product’s weight, color, size, strength, and any other characteristic 100 percent. Organizations use probability and statistics to measure samples of a product and provide mathematical proof of the quality of the product or process.
Estimated completion time (hours): 2.1
Objectives
By the end of this course, you will be able to do the following:
- Define probability
- Describe and apply probability concepts
- Define statistics
- List statistical parameters
- Distinguish between descriptive and inferential statistics
- Distinguish between a population parameter and a sample statistic
- Define a central limit theorem and its significance in statistics
- Six Sigma Green Belt
Estimated Time (Hrs): 2.1
Language: English