Statistical Analysis for Decision-Making

Issued by CPA Australia

In this course, you will learn how to categorise and organise different types of data for analysis. You will learn about the fundamental concepts in probability and how they can be used in organisational decision-making. You will also learn about various sampling strategies that can be used to infer conclusions about a population, calculating confidence intervals and hypothesis testing to explain why something has happened or predict what might happen in the future.

Type Validation
Level Intermediate
Time Hours
Cost Paid

Skills

Categorise and Organise Data
Confidence Intervals
Hypothesis Testing
Probability
Statistical Analysis

Earning Criteria

4 hours of learning and 25 minutes assessment

Standards

Actively Applies

The Statistical Analysis for Decision-Making is the equivalence of a undergraduate subject level and is at the Actively Applies level on our Accounting and Finance Capability Framework.