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Putting Data to Work: Analysis of Past, Present and Forecast of Business Course
NGN 150,000
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This course answers the following questions with quantitative models. Candidates will understand the fundamentals of this critical business skill
- How can you put data to work for you?
- How can numbers be used to tell you about present and future of business activities?
Through a series of short lectures, demonstrations, candidates will learn the key ideas with which they can begin to create their own models for an enterprise. Candidates will handle a variety of building blocks that will allow them to start structuring own models.
Course Contents
Day One
- Introduction to Models
- Course Introduction
- Definition and Uses of Models, Common Functions
- How Models Are Used in Practice
- Key Steps in the Modeling Process
- A Vocabulary for Modeling
- Mathematical Functions.
Day Two
- Linear Models and Optimization
- Introduction to Linear Models and Optimization
- Growth in Discrete Time
- Constant Proportionate Growth
- Present and Future Value
- Optimization.
Day Three
- Probabilistic Models
- Introduction to Probabilistic Models
- Examples of Probabilistic Models
- Regression Models
- Probability Trees
- Monte Carlo Simulations
- Markov Chain Models
- Building Blocks of Probability Models
- The Bernoulli Distribution
- The Binomial Distribution
- The Normal Distribution
- The Empirical Rule.
Day Four
- Regression Models
- Introduction to Regression Model
- Use of Regression Models
- Interpretation of Regression Coefficients
- R-squared and Root Mean Squared Error (RMSE)
- Fitting Curves to Data
- Multiple Regression
- Logistic Regression.
NOTE: Participants Must Be With Their Computers
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. | Mar 12 - 15 Mar, 2019 |
Registration: 08:30:am - 09:00:am
Class Session: 09:00:am - 04:00:am
NGN 150,000.00 | (VAT Inclusive) |
Mr Abiodun Toki 08033019120
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