Information Management
Description
Organisations collect and store data of many kinds - about
finance, sales, personnel, etc. They also source new data that
appears to be needed for supporting decisions in, for example, the
development and marketing of a new product.
Sourcing, analysing and using data in order to generate the
information needed by decision makers is a complex task. But it is
one where managers would be ill advised simply to rely on
specialist advice. Basic statistical approaches, ideas and
interpretation need to be understood so that you can use and assess
what you read in reports and presentations and be in a position to
identify and commission what you require for decision making.
Syllabus
Unit 0 : Manag…
Frequently asked questions
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Organisations collect and store data of many kinds - about
finance, sales, personnel, etc. They also source new data that
appears to be needed for supporting decisions in, for example, the
development and marketing of a new product.
Sourcing, analysing and using data in order to generate the
information needed by decision makers is a complex task. But it is
one where managers would be ill advised simply to rely on
specialist advice. Basic statistical approaches, ideas and
interpretation need to be understood so that you can use and assess
what you read in reports and presentations and be in a position to
identify and commission what you require for decision making.
Syllabus
Unit 0 : Managing Information and Collecting Data
Objectives
Introduction
Section 0.1: Management Data, Information and Decision Making
- Managing information and data
- What are data and information?
- A data-collecting situation
Section 0.2: Collecting Data
- Primary and secondary sources
- Secondary sources
- Collecting primary data
- Samples and populations
- Sampling methods
Section 0.3: Questionnaire Design and Use
- Planning, evaluating and using questionnaires
Section 0.4: Displaying Data to Create Information
- Displaying qualitative data
- Displaying quantitative data
Summary
Further Reading
Unit 1 : Describing Data and Designing Information
Objectives
Introduction
Section 1.1: Describing Data
- Kinds of data
- Kinds of description for quantitative data
- Tools for analysing or presenting data
Section 1.2: Describing Numeric Data
- Describing raw data
- Descriptive statistics for numeric data
Section 1.3: Analysing Data from Rapid Ltd Branches
- Constructing a frequency table
- Constructing a frequency distribution chart
- Describing the shape of the distribution
- Parametric statistics: mean and standard deviation
- Robust statistics: quartiles, median and quartile range
- Simple statistics: mode and range
Section 1.4: Only Grouped Data are Available
- Quality standards at Rapid Ltd
- Parametric statistics: group mean and standard deviation
- Robust statistics: grouped quartiles, median and quartile range
- Simple statistics: grouped mode and range
Section 1.5: Selecting and Using Descriptive Techniques for Optimum Information Design
- What a statistical package can produce
- Designing the information for a report or presentation
Summary
Unit 2 : Estimation and Confidence Intervals
Objectives
Introduction
Section 2.1: Population, Sample and Distribution
- Population and sample: an inferential gap
- What is a distribution?
- The normal distribution
- The binomial distribution: a comparison
Section 2.2: Sampling Distributions
- Sampling distribution of a mean
- Finding the standard error
Section 2.3: Confidence Intervals
- Confidence interval for a mean
- Confidence interval for a percentage
Summary
Further Reading
Unit 3 : Making Judgements about Data
Objectives
Introduction
Section 3.1: Hypothesis Testing
- Making judgements
Section 3.2: Doing a Hypothesis Test
- 1-way chi-square test
Section 3.3: Examining a Relationship
- 2-way chi-square test
Summary
Further Reading
Unit 4 : Forecasting and Time series
Objectives
Introduction
Section 4.1: Forecasting
- Introduction to forecasting
Section 4.2: Handling Time Series
- Using index numbers in published sources
Summary
Further Reading
Unit 5 : Forecasting using Linear Regression
Objectives
Introduction
Section 5.1: Making and Using a Forecasting Model
- The linear regression model
- Is there really a relationship between price and demand?
- How strong is the price/demand relationship?
- Is the model satisfactory?
- Developing a better model
- Forecasting from the model
- Making sense of software output
Summary
Further Reading
Sample Course Materials
Please click on the logo below to view a few sample pages of the course materials we provide. Whilst this is only a few sample pages, we do hope that it will give you some idea of the quality of the materials we provide. If you have anymore queries in relation to the course materials, please feel free to contact one of our friendly course advisors who will be more than happy to deal with any queries that you may have.
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Qualifications
On completion of your course, you will receive the dual award:
Award 1 is issued by Stonebridge Associated Colleges: Information Management Diploma
Information Management Diploma issued by Stonebridge Associated Colleges, to view a sample of the college’s award, please click here.
Award 2 is issued by our Awarding Body: Level 4 Information Management Award
At the end of this course successful learners will also receive a Level 4 NCFE Award Certificate of Achievement. Our course has been accredited under our NCFE IIQ Licence and the course measurable learning outcomes have been benchmarked at Level 4 (using Ofqual’s Qualification and Credit Framework (QCF) level descriptors) to allow you to consider the depth of study, difficulty, and level of achievement involved.
This award has been designed by Stonebridge Associated Colleges to meet specific learners' or employers' requirements. Accreditation by NCFE is a guarantee of quality. It means that this learning programme has been scrutinised and approved by an independent panel of experienced educational professionals and is quality audited biannually by NCFE.
To view a sample of the NCFE Certificate of Achievement, please click here.
To view a sample of the NCFE Candidate Unit Summary, please click here.
What is NCFE
NCFE is the UK's longest established awarding body, recognised as a highly professional and responsive organisation, committed to maintaining excellent customer service and a friendly approach.
NCFE is recognised as an awarding body by the qualification regulators ('regulators') for England, Wales and Northern Ireland. The regulators are the Office of the Qualifications and Examinations Regulator (Ofqual) in England, the Department for Children, Education, Lifelong Learning and Skills (DCELLS) in Wales and the Council for Curriculum, Examinations and Assessment (CCEA) in Northern Ireland.
Accreditation by NCFE is a guarantee of quality. It means that the college has been inspected and approved by an independent and experienced education professional and is quality audited biannually by NCFE. The centre delivering the programmes has been licensed by NCFE on the basis of its own quality systems. At the end of an accredited course, successful learners will also receive an NCFE Award certificate of achievement.
For more information on this award, click here
Requirements for Entry
There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.
Study Options
In order to offer our students the most convenient and flexible distance learning courses, Stonebridge Associated College offers you the option to study for your course via two methods:
- 1. Via the traditional paper-based method.
- 2. Through the online method via ElearnUK.
If you do not have Internet access, or would prefer to study this course via the traditional paper/postal based study method, you can find more information on the course by clicking on the link below.
Stonebridge Prices
Studying by Post. If you would like to pay by instalments, we do offer an affordable interest free payment plan scheme which allows you to spread the cost of your course over a number of months. However, to use this option you will need to study for your course using the traditional paper-based method. For more information on our payment plans please visit our website at www.stonebridge.uk.com
The reason why the course fee is less if you choose to study online, is because with online study there are no costs associated with postage and printing etc. and thus we are able to offer the course at a reduced rate.
The total amount payable over the term's period, is no more than
the total cash price of the course.
(APR = 0%). Written quotations are available on request.
Study Hours
This is only an approximate figure and is dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper.
The approximate amount of time required to complete the course is: 108 hrs.
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