Course Content:
Basic Concepts
- Data versus Information
- What is Data Analysis?
- Types of Variables
- Get new perspectives on data with optimization
- Just tables, Data Analysis through Life Cycle Costing, LCC
Statistics: Plot your data!
- Get new perspectives on data with scatter plots
- Get new perspectives on data with histograms
- Other basic types of charts
- Basic Charts in Excel
- Other useful programs
- Introducing (R)
- Introducing Minitab
Analyzing & Testing Data Using Applied Statistics
- Statistical Basics
- Comparison Based on Central Tendency
- Measuring variability and spread
- The Box plot diagram
- Easy & fast charting and tabling techniques for better decision making – The solver
- Basic Statistical Functions in Excel
- Calculating Probabilities
- Using Normal distribution
- Using Statistical Sampling
Analyzing & Making Operations Decisions
- How is your business performing? – Regression
- How efficient are your operations? The Error!
- Optimizing workforce scheduling
- Prioritizing vital areas to solve problems with Pareto Diagram
Case studies: Statistics and Data Analysis in decision making
(Case studies will be chosen based on client industry)
Course review and Road Map