Essential Business Analytics

Skillsoft issued completion badges are earned based on viewing the percentage required or receiving a passing score when assessment is required. In today's data-driven world, understanding how to analyze and interpret data is crucial for supporting digital transformation initiatives within your organization. This course is designed to equip you with foundational analytical skills essential for making informed decisions and enhancing organizational performance. In this course, you'll learn how to distinguish between the three measures of central tendency. You'll also learn about different types of data distributions; their significance in data analysis; how deviation measures variability, covering standard deviation and variance; and their roles in interpreting data. You will explore the different types of data correlation, how to calculate and interpret correlation coefficients, the limitations of correlation analysis, the purpose of regression analysis, and how to interpret regression coefficients for predicting outcomes. Finally, you'll discover the goals and methods of clustering and how to evaluate and interpret clustering results for actionable insights.