Welcome to the “Business Math Toolkit: Statistical Averages” video lesson meant to shed light on the various averages used in statistics. This lesson is part of the “Business Math Toolkit,” which guides learners in basic math skills they may need to leverage for their job. In this lesson, viewers will learn how to identify the mean, median, and mode of data, as well as calculate the range. In addition, this lesson describes how and when to calculate the weighted average of data.
Overview
COURSE DIFFICULTY
COURSE DURATION
8m
Skills Learned
After completing this online training course, students will be able to:
Calculate Mean, Median, and Mode for Business Data
Interpret Statistical Averages in Real-World Scenarios
Apply Statistical Averages to Improve Decision-Making
Analyze Trends Using Averages in Business Reports
Business Professionals, Data Analysts, Students in Business Courses, Financial Analysts, Managers
Basic Understanding of Mathematics, Familiarity with Business Concepts
01. Introduction to Statistical Averages
02. Calculating Mean, Median, and Mode
03. Applications of Statistical Averages in Business
04. Interpreting and Analyzing Data Trends
05. Case Studies and Practical Examples
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Calculate Mean, Median, and Mode for Business Data
Interpret Statistical Averages in Real-World Scenarios
Apply Statistical Averages to Improve Decision-Making
Analyze Trends Using Averages in Business Reports
WHO SHOULD ATTEND
Business Professionals, Data Analysts, Students in Business Courses, Financial Analysts, Managers
PREREQUISITES
Basic Understanding of Mathematics, Familiarity with Business Concepts
COURSE OUTLINE
01. Introduction to Statistical Averages
02. Calculating Mean, Median, and Mode
03. Applications of Statistical Averages in Business
04. Interpreting and Analyzing Data Trends
05. Case Studies and Practical Examples
