MDP: From Data to Decisions – December 2019

Date: 09 – 13 December 2019

There is ever-increasing popularity of data and model based decision making in the business world. This programme is designed to equip the participants to identify appropriate analytics methodology depending on the problem objective, to carry out and properly interpret the results of the statistical analysis. While step-by-step instructions would be provided for the various standard analytic tools, conceptual foundation would be built along the way so as to facilitate the more advanced participants to fine-tune the requisite methods depending on the specific challenges of a problem. Participants would be split into small groups to work on data analytic projects that would be assigned to them. Learning from these projects will be the key take-away from this program. All computational implementations would be carried out using MS-Excel.

Program Objectives:

  • Descriptive Statistics
  • Probability and Probability Distributions
  • Sampling and Sampling Distribution
  • Estimators and their Standard error
  • Confidence interval estimation of population parameters
  • Testing of Hypothesis, significance values in decision making
  • Analysis of variance
  • Simple and Multiple regression, Correlation Coefficient
  • Data Analytics and Visualization
  • Introduction to more advanced statistical analytics
    (subject to time and interest)
  •  Project work and presentations

Coverage:

On completion of this course, the participants should be able to:

  • Understand the statistical principles and appreciate data analytics;
  • Formulate a problem objectively and meaningfully to facilitate objective analysis;
  • Carry out statistical analysis and inference using Excel;
  • Interpret the findings of the results in a meaningful way.

Venue : IIMB Campus

Programme Fee and Payment

INR 1,17,500/- Residential and INR 1,00,000/- Non -Residential (+ Applicable GST) per person for participants from India and its equivalent in US Dollars for participants from other countries.

Contact Information:

  • Bannerghatta Road, Bengaluru-560076, India
  • Phone: +91-80-26993264/3475
  • Email: openpro@iimb.ac.in

Disclaimer / Note:

This listing / contents of this listing is curated from the respective MDP listing of the concerned organisation / institute. All content in this listing is owned by the concerned organisation/institute. For any additional information please connect with the concerned at contact details provided.

This is a part of HrNxt.com’s curated listings initiative to enable corporate executives / corporate HRM team identify suitable programs for enrollment. HrNxt.com is not responsible for the quality of this program or the dates/schedule/cancellations etc. If you want your MDP’s and training programs to be listed in this section , please send us an email request at hello@hrnxt.com. If you want to flag of any error inconsistency in this listing please send us an email at hello@hrnxt.com.

What's your take on this post ? Comment: