Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Training on Data Analytics for Managerial Decision Making

By: Data-Afrique Consultants

Kenya

02 - 06 Mar, 2020  5 days

Follow Event

  

USD 1,000

Venue: Data-Afrique Training Centre, Nairobi, Kenya.

Other Dates

Venue Date Fee  
Data-Afrique Training Centre, Nairobi, Kenya., Kenya 04 - 08 May, 2020 USD999
Data-Afrique Training Centre, Nairobi, Kenya., Kenya 01 - 05 Jun, 2020 USD1000
Data-Afrique Training Centre, Nairobi, Kenya., Kenya 06 - 10 Apr, 2020 USD1000

This interactive Data Analytics for Managerial Decision-Making training course will highlight the added value that data analytics can offer a professional as a decision support tool in management decision making. It will show the use of data analytics to support strategic initiatives; to inform on policy information; and to direct operational decision making. This training course will emphasize applications of data analytics in management practice; focus on the valid interpretation of data analytics findings; and create a clearer understanding of how to integrate quantitative reasoning into management decision making. Exposure to the discipline of data analytics will ultimately promote greater confidence in the use of evidence-based information to support management decision making.

Course Objectives

By the end of the course, participants should be able to:

  • Appreciate data analytics in a decision support role
  • Explain the scope and structure of data analytics
  • Apply a cross-section of useful data analytics
  • Interpret meaningfully and critically assess statistical evidence
  • Identify relevant applications of data analytics in practice

Who Should Attend?

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Professionals in management support roles
  • Analysts who typically encounter data / analytical information regularly in their work environment
  • Those who seek to derive greater decision-making value from data analytics

Course Content

Day One: Setting the Statistical Scene in Management

  • Introduction; The quantitative landscape in management
  • Thinking statistically about applications in management (identifying KPIs)
  • The integrative elements of data analytics
  • Data: The raw material of data analytics (types, quality and data preparation)
  • Exploratory data analysis using excel (pivot tables)
  • Using summary tables and visual displays to profile sample data

Day Two: Evidence-based Observational Decision Making

  • Numeric descriptors to profile numeric sample data
  • Central and non-central location measures
  • Quantifying dispersion in sample data
  • Examine the distribution of numeric measures (skewness and bimodal)
  • Exploring relationships between numeric descriptors
  • Breakdown analysis of numeric measures          

Day Three: Statistical Decision Making – Drawing Inferences from Sample Data

  • The foundations of statistical inference
  • Quantifying uncertainty in data – the normal probability distribution
  • The importance of sampling in inferential analysis
  • Sampling methods (random-based sampling techniques)
  • Understanding the sampling distribution concept
  • Confidence interval estimation

Day Four: Statistical Decision Making – Drawing Inferences from Hypotheses Testing

  • The rationale of hypotheses testing
  • The hypothesis testing process and types of errors
  • Single population tests (tests for a single mean)
  • Two independent population tests of means
  • Matched pairs test scenarios
  • Comparing means across multiple populations

Day Five: Predictive Decision Making - Statistical Modelling and Data Mining

  • Exploiting statistical relationships to build prediction-based models
  • Model building using regression analysis
  • Model building process – the rationale and evaluation of regression models
  • Data mining overview – its evolution
  • Descriptive data mining – applications in management
  • Predictive (goal-directed) data mining – management applications

General Notes

This course is delivered by our seasoned trainers who have vast experience as expert professionals in the respective fields of practice. The course is taught through a mix of practical activities, theory, group works and case studies.

Training manuals and additional reference materials are provided to the participants.

Upon successful completion of this course, participants will be issued with a certificate.

Data-Afrique Training Centre, Nairobi, Kenya. Mar 02 - 06 Mar, 2020
Data-Afrique Training Centre, Nairobi, Kenya., Kenya 04 - 08 May, 2020
Data-Afrique Training Centre, Nairobi, Kenya., Kenya 01 - 05 Jun, 2020
Data-Afrique Training Centre, Nairobi, Kenya., Kenya 06 - 10 Apr, 2020

Class Session: 08:00:am - 05:00:am

USD 1,000.00
(Convert Currency)

DUNCAN KARIUKI +254723360025

Related Courses
Child Centre Disaster Risk Reduction Training Child Centre Disaster Risk Reduction Training

5 days, 02 - 06 Mar, 2020 

2020-03-02 12:03:00
Kenya

Data-Afrique Consultants

Child centred disaster risk reduction (CCDRR) is a process to strengthen community’s resilience. Children become activists and mobilize community through influencing individuals, peer groups, ...

Training on Monitoring and Evaluating, Accountability and Learning. Training on Monitoring and Evaluating, Accountability and Learning.

12 days, 02 - 13 Mar, 2020 

2020-03-02 12:03:00
Kenya

Data-Afrique Consultants

Monitoring, evaluation, accountability, and learning (MEAL) are part of everyday programme management and are critical to the success of all programmes. MEAL technical quality is very important ...

Training on Program/Project Monitoring, Evaluation, Accountability and Learning (PMEAL Training on Program/Project Monitoring, Evaluation, Accountability and Learning (PMEAL

12 days, 02 - 13 Mar, 2020 

2020-03-02 12:03:00
Kenya

Data-Afrique Consultants

Monitoring and Evaluation are crucial in supporting programme and project implementation, contributing to organizational learning, upholding accountability, providing opportunities for stakeholder ...

Training on Trauma Support and Counselling Training on Trauma Support and Counselling

5 days, 02 - 06 Mar, 2020 

2020-03-02 12:03:00
Kenya

Data-Afrique Consultants

This course is crucial since on a daily basis traumatic events happen and people especially in developing nations do not implement the best practices in dealing with traumatic events. this course ...