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Strategies and Concepts for Data Scientists and Business Analysts

  • Tuition USD $2,475 GSA  $2,244.33
  • Reviews star_rate star_rate star_rate star_rate star_half 945 Ratings
  • Course Code BADS41
  • Duration 3 days
  • Available Formats Classroom, Virtual
To be effective in a competitive business environment, analytics professionals need to use descriptive, predictive, and prescriptive analytics to translate information into decisions. An effective analyst also should be able to identify the analytical tools and data structures to anticipate market trends.

In this course, you gain the skills data scientists and statistical business analysts must have to succeed in today's data-driven economy. Learn about visualizing big data, how predictive modeling can help you find hidden nuggets, the importance of experiments in business, and the kind of value you can gain from unstructured data.

This course combines scheduled, instructor-led classroom or Live Web sessions with small-group discussion, readings, and hands-on software demonstrations, for a highly engaging learning experience.

Skills Gained

  • express a business problem as a manageable analytical question
  • identify the appropriate analysis to address the question
  • visualize and explore data
  • select statistical analyses that help answer the question
  • translate complex statistical results into actionable business decisions.

Who Can Benefit

  • Statisticians, market researchers, information technology professionals, data scientists, and business analysts who want to make better use of their data

Prerequisites

  • Before attending this course, you should have taken a college-level course in statistics, covering distribution analysis, hypothesis testing, and regression techniques or have equivalent knowledge. You can gain this knowledge from the Statistics 1: Introduction to ANOVA, Regression, and Logistic Regression course.

Course Details

Overview

  • defining terms
  • concepts of data science
  • exploring and visualizing data

Segmentation

  • pitfalls and good practices
  • interpreting clusters

Predictive Modeling

  • fundamentals
  • decision trees
  • random forests
  • model comparison
  • mass-scale predictive modeling
  • model deployment and management

Design of Experiments

  • why experiment?
  • types of business experiments
  • incremental response modeling

Unstructured Data

  • text analytics
  • social networks

Communicating Your Results

  • knowing your audience
  • creating effective messages
  • demonstrating value

How do I enroll?

A comprehensive listing of ExitCertified courses can be found here. You can register directly for the required course/location when you select "register". If you have any questions or prefer to speak with an ExitCertified education consultant directly, please submit your query here. A representative will contact you shortly.

How do I pay for a class?

You can pay at the time of registration using credit card (Mastercard/Visa/American Express) cheque or PO.

When does class start/end?

Classes begin promptly at 9:00 am, and typically end at 5:00 pm.

Does the course schedule include a Lunchbreak?

Lunch is normally an hour long and begins at noon. Coffee, tea, hot chocolate and juice are available all day in the kitchen. Fruit, muffins and bagels are served each morning. There are numerous restaurants near each of our centers, and some popular ones are indicated on the Area Map in the Student Welcome Handbooks - these can be picked up in the lobby or requested from one of our ExitCertified staff.

How can someone reach me during class?

If someone should need to contact you while you are in class, please have them call the center telephone number and leave a message with the receptionist.

What languages are used to deliver training?

Most courses are conducted in English, unless otherwise specified. Some courses will have the word "FRENCH" marked in red beside the scheduled date(s) indicating the language of instruction.

What does GTR stand for?

GTR stands for Guaranteed to Run; if you see a course with this status, it means this event is confirmed to run. View our GTR page to see our full list of Guaranteed to Run courses.

Good material and very knowledgeable instructor. The VM used is very effective and easy to navigate.

The training was very informative and the way the instructor has taken the course is awesome.

The instructor was very good. He had a terrific temperament and never seemed to get tired. He was very patient with some of the participants and their lack of experience.

Fantastic and great training. Tons of hands-on labs to really make you understand the material being thought.

Interesting real world examples and scenarios covered in the training, brought some new perspectives to light.

1 options available

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  • Dec 9, 2020 Dec 16, 2020 (8 days)
    Location
    Virtual
    Language
    English
    Time
    1:00 PM 4:30 PM EST
    Enroll
    Enroll
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