Competence in analytics has become a critical skill for managers of the new age business organizations. Data Analytics is about quantitative analysis and predictive modeling towards data-driven competitive strategies. This introductory course covers methodologies and practices that are important for data analytics and discuss their relevance in various functional domains. It is designed for professionals who need a managerial introduction to this discipline.
Who Should Attend
This Introductory course is designed for those who are interested in using data to gain insights and make better business decisions OR anyone who wants to kick start on data analytics based roles.
Module 1: Introduction to Analytics, Trend Lines and Regression – The ability to understand and interpret data is a critical ability required of managers today. In this session, participants will learn application of regression analysis in business decisions, and how to apply a systematic approach to build good regression models.
Module 2: Making Better Decisions with Data – Every day executives in different organizations large and small, private and public need to make decisions. Then we think - Was it right? Was it the best we could do? Can we still do better? In this session we will learn how to narrow down our choices to the very best when there are virtually innumerable feasible options.