Effective Business Decisions Using Data Analysis
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1- Online Training...with international accreditation. The value of participation per person is €1,450
2-Requirement : specifying the course, number of participants
implementation date, and joint coordination.
Group contracting ... 20% Discount For Each Participant In Any Group Of Five Person Or More
Other Places To Hold The Course :
KualaLumpur.. Istanbul.. Dubai.. Cairo.. Riyadh.. Jeddah.. Abu Dhabi.. Doha.. Muscat.. Sharm El Sheikh.. Kuwait.. Tripoli.. Amman.. Beirut.. Damascus.. Tunisia.. Casablanca.. London.. Paris.. Barcelona.. Amsterdam.. Brussels
Effective Business Decisions Using Data Analysis
Introduction :
This business decision-using data analysis program aims to develop an appreciation of the role of quantitative methods in management decision-making and, thereby, empower professionals with additional decision-making skills . Using a data analysis course, participants in the business decisions will delve into the nuances of data analytics for business decision-making, understanding the methodologies and tools underpinning strategic business foresight.
Course Objectives :
At the end of this course, the participants will be able to :
- Appreciate the role of Data Analysis as a Decision Support tool
- Explain the scope and structure of the discipline of Statistics
- Understand the importance of data quality in data analysis
- Select an appropriate Data Analysis methodology to apply to specific management situations
- Apply a cross-section of Data Analysis tools and techniques
- Meaningfully interpret statistical output to inform decision-making
- Critically assess statistical findings with confidence
- Interact meaningfully and with confidence with Data Analysts
- Initiate with confidence in their Data Analysis projects
- Learn techniques to support strategic initiatives
Targeted Audience :
- Professionals in management support roles
- Analysts who typically encounter data/analytical information regularly in their work environment
- Those who seek to derive more excellent decision-making value from data analytics
Course Outlines :
Unit 1 : Setting the Scene and Observational Decision-Making
- Setting the Quantitative Scene
- The Decision Support Role of Quantitative Methods in Management
- Thinking Statistically about Applications in Business Practice
- The Elements and Scope of Quantitative Management
- Data and the Importance of Data Quality
Unit 2 : Using Excel to Paint a Picture of Your Data
- Summary Methods Using Tables and Graphs to Profile Data
- One-way, Two-way, and Multi-way Pivot Tables
- Graphic Displays and Breakdown Analysis
- Numeric Descriptors
- Central (and non-central) locations Dispersion Distribution Shapes
- Graphical summary using Box plots
Unit 3 : Statistical (Inferential) Decision Making – Harnessing Uncertainty
- Using sample evidence to address management issues through statistical inference
- How to measure and quantify Uncertainty (using Probability Distributions)
- The importance of Sampling
- Statistical Decision-Making methods
- Approaches: Confidence Intervals and Hypothesis Testing
- Techniques: Z- and T-statistics, Analysis of Variance, Chi-Square
- Addressing Practical Management Issues
- Estimation Testing for Differences Multiple Sample Comparisons
Unit 4 : Predictive Decision Making – Using Models to Build Relationships
- Statistical models exploit statistical relationships between measures to prepare forecasts and make predictions.
- The Value of Statistical Modelling
- Modeling Approaches
- Regression Models, Time Series Analysis Autoregressive Models
Unit 5 : Data Mining – A Brief Overview
- An Overview of Data Mining
- Definition of the Data Mining Process Data Preparation
- Data Mining Functions
- Prediction / Estimation / Classification / Descriptive
- Purpose Methodology Interpretation Likely Applications
- Cluster Analysis Discriminant Analysis
- Logistic Regression Classification Trees Neural Networks
- Market Basket Analysis Customer Relationship Management (CRM)
- Overview of Selected Data Mining Techniques (analysis by NCSS)
- Descriptive Modeling (Segmentation Strategies)
- Predictive Modeling (Classification Estimation Prediction Strategies)
- Typical Applications
Unit 6 : Decision Analysis for Management Judgement
- Using Decision Models to structure/evaluate complex decision scenarios
- Multi-Criteria Decision Modelling (Illustrations of Two Practical Tools)
- SMART (Simple Multi-Attribute Rating Technique)
- AHP (Analytical Hierarchy Process)
European Business Center Training Methodology :
Our training work is presented in a professional and attractive manner.. Interspersed with interceptive information to renew attention throughout the training period… We aim with this method to train the listener and interact… In addition to practical applications that target the direct skills and knowledge required to be achieved.. It is presented to the trainees in more than one way.. Practical exercises and applications.. Surveys and questions.. A training strategy has been adopted based on pairing between the theoretical and the professional and between the local and the global.
What Does The Participant Get From The Course?
Each participant obtains an internationally accredited training certificate from the European Business Center for Training and Development … which has the ISO certificate in quality No. 9001/2015 from the English international company UKAS .. and receives a training bag containing the scientific material via an electronic flash … in addition to an enjoyable and useful training that is reflected Positive and developmental for individuals and the institution
Note :
We can implement the training course in any of the cities referred to in this course..at the appropriate and required time for the trainees..through joint coordination with the training department at the center..the training is implemented in a distinctive manner according to the best quality standards so that we meet all training requirements and needs.
International Accreditations
European Business Center for Training and Development has obtained international and official accreditations with the highest and best international levels scientifically and technically, which reflect the level of outstanding performance in our training work.. so that it achieves what each participant aspires to by obtaining the best certificates with officially approved scientific and technical standards.
