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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

Venue: 5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos.

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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