Statistical Analytics for Decision Making

Organizations that use statistical analysis are able to make informed decision,  valuable and effective decision to reflect on the bottom line as well as both the short and long term wellbeing of the organization. The process of collecting and analyzing data looks at the data to identify patterns and trends remove bias and produce informed decision. The legislative house is interested in how much was spent in capital  and recurrent expenditure last year. How much will be spent this year. What are the parameters for determining the spending etc.

What types of statistics is involved. Is it descriptive or inferential statistics. This 5-day course is therefore intended to expose participants to the rudiments of statistical analytics, data collection for effective decision making.

Learning objectives:

At the end of this statistical analytics for decision making training course, participants should be able to:

• Define statistics
• Define Analytics
• Introduction to statistics and data analysis
• Types of Data analysis
• Statistical analysis
• Business statistics for informed decision
• Using Big data effectively
• How can I predict demand and allocate resources to ensure I am delivering services
• Avoid garbage in garbage to ensure only clean data for optimal decision making

Course Booking

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