Business Statistics (Online) | Cleveland State University Professional Development Center in Cleveland


Business Statistics (Online)

Course Description

Numbers are vitally important to all types of business decision-making. From budget projections to inventory tracking, business leaders rely on numbers to help them make sound business decisions. How can you make these numbers meaningful to you in your day-to-day planning and decision-making? Learn how to apply and interpret numbers in real-world business ideas in our business statistics course.

Course Objectives

At the completion of this course, students will be able to:

  • Provide business decision makers with hands-on practice in several basic statistical tools (differences, relationships and trends across time) that address real-world decisions.
  • Provide these decision makers with practice in applying these statistics to real-world business scenarios.
  • Show business leaders how to turn the results of numbers into practical ideas of what these statistics tell us.
  • Understand how we use numbers to answer real-world business questions.
  • Choose the best statistic to apply to your business decision.
  • Apply these statistics using Excel software.
  • Convert what the numbers say into the answers to your research questions or to your business decision.

Course Content

  • How Statistics Can Help You Make Business Decisions
  • What statistics can do for business decision makers
  • Some basic types of statistics
  • How to be a good consumer of statistical information
  • Some Basic Types of Statistics
  • Using Excel to run some basic summary descriptive statistics
  • Interpreting what it all means in ideas
  • Looking at Trends Across Time
  • Using Excel to run some trend statistics and related graphs
  • Interpreting what it all means in ideas
  • Looking at Differences and Relationships
  • Using Statistics
  • Using Excel to run some tests of between-group differences on something
  • Using Excel to run some tests of relationships between something and something
  • Interpreting what it all means in ideas



CEUs: 1.6

Fee: $495 (Only available as a certificate)