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Introduction to Data Analysis

GK# 1076

Course Overview

Organizations need to make business decisions more quickly and accurately than ever before. Basing these decisions on data and best practice analysis techniques and less on gut feel or "the way we have always done things" is how today's corporate management is demanding information. A solid foundation of data analysis for business decision making is a critical skill you should have regardless of whether your motive is to obtain or sustain a competitive advantage or simply better steward your resources to serve customers. In this course, you will learn to use data analytics to create actionable recommendations, as well as identify and manage opportunities where data-based decisions can be used to change the way you do business.

This course provides many of the common data analysis tools used to gather, analyze and adapt your data to feed business decisions. You do not need heavy Excel or data analysis experience. This course includes introductory exercises on Excel add-ins, standard deviation, random sampling, and an introduction to pivot tables and charts. These exercises will show you how to effectively demonstrate basic data analysis functions and reporting in Excel or Google Spreadsheets. We will simplify math jargon and complex symbols and equations to concentrate on what your data can tell you and your organization. In addition, you will learn how to present to those executives, managers and subject matter experts who need to quickly make decisions that drive your organization.

Delivery Format Options

  • Virtual Classroom Live

    Virtual Classroom Live

    Experience expert-led online training from the convenience of your home, office or anywhere with an Internet connection.

    From

    $2025 CAD

    3 day

  • Private Group Training

    Private Group Training

    Train your entire team in a private, coordinated professional development session at the location of your choice.

    Receive private training for teams online and in-person.

Request a date or location for this course.

What You'll Learn

  • Terms, jargon, and impact of business intelligence and data analytics
  • Scope and application of data analysis
  • Impact of analytics on gaining competitive advantage and decision support
  • Measure the performance of and improvement opportunities for business processes
  • Need for tracking and identifying the root causes of deviation or failure
  • Basic principles, properties, and application of probability theory and the normal distribution
  • Introduction to different methods for summarizing information and presenting results including charts
  • Statistical inference and drawing conclusions about the population
  • Sample sizes and confidence intervals, and how they influence the accuracy of your analysis
  • Forecasting and an introduction to simple linear regression analysis
  • Interpret your results and draw sound and relevant conclusions on business
  • Methods and algorithms for forecasting future results and to reduce current and future risk
  • Process improvement and analysis skills
  • Where powerful reference material exists and how to leverage to enhance your decision-making

Follow-On Courses

Who Needs To Attend

Individuals involved in operations, project management, business analysis, or management, who need an introduction to data analysis

Course Outline

Download Course Outline