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Putting Data to Work: Analysis of Past, Present and Forecast of Business Course

By: Tom Associates Training  

Lagos State, Nigeria

12 - 15 Mar, 2019  4 days

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NGN 150,000

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)
(Convert Currency)

Mr Abiodun Toki 08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
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