Course description
Make informed, data-driven decisions applicable to real-world situations using hands-on data analysis exercises with Excel and R.
This three-day course leverages straightforward business examples to explain practical techniques for understanding and reviewing data quality.
This course starts with an overview of data quality and data management, followed by foundational analysis and statistical techniques. Throughout the course, you learn to communicate about data and insights to stakeholders who need to make quick business decisions to drive your organization forward.
This data analysis training class is a lively blend of expert instruction combined with hands-on exercises so you can practice new skills and leave prepared to start performing practical analysis techniques. Every Data Analysis Boot Camp instructor is a veteran consultant and data guru who guides you through effective best practices and technologies for working with your data.
Upcoming start dates
Training content
Course Outline:
Part 1: The Value and Challenges of Data-Driven Disruption
- Objectives and expectations
- Hurdles to becoming a data-driven organization
- Data empowerment
- Instilling data practices in the organization
- The CRISP-DM model of data projects
Part 2: Tying Data to Business Value
- What constitutes data-driven value
- Requirements gathering: How to approach it
- Kanban for data analysis
- Know your customers
- Stakeholder cheat sheets
- EXERCISE: Data-driven project checklist
- LAB: Data analysis techniques: Aggregations
Part 3: Understanding Your Data
- Data defined
- Data versus information
- Types of data
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- Unstructured vs. Structured
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- Time scope of data
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- Sources of data
- Data in the real world
- The 3 V’s of data
- Data Quality
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- Cleansing
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- Duplicates
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- SSOT
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- Field standardization
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- Identify sparsely populated fields
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- How to fix common issues
- LAB: Prioritizing data quality
Part 4: Analyzing Data
- Analysis foundations
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- Comparing programs and tools
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- Words in English vs. data
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- Concepts specific to data analysis
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- Domains of data analysis
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- Descriptive statistics
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- Inferential statistics
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- Analytical mindset
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- Describing and solving problems
- Averages in data
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- Mean
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- Median
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- Mode
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- Range
- Central tendency
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- Variance
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- Standard deviation
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- Sigma values
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- Percentiles
- Demystifying statistical models
- Data analysis techniques
- LAB: Central tendency
- LAB: Variability
- LAB: Distributions
- LAB: Sampling
- LAB: Feature engineering
- LAB: Univariate linear regression
- LAB: Prediction
- LAB: Multivariate linear regression
- LAB: Monte Carlo simulation
Part 5: Thinking Critically About Your Analysis
- Descriptive analysis
- Diagnostic analysis
- Predictive analysis
- Prescriptive analysis
Part 6: Data Analysis in the Real World
- Deployment of analyses
- Best practices for BI
- Technology ecosystems
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- Relational databases
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- NoSQL databases
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- Big data tools
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- Statistical tools
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- Machine learning
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- Visualization and reporting tools
- Making data useable
Part 7: Data Visualization & Reporting
- Best practices for data visualizations
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- Visualization essentials
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- Users and stakeholders
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- Stakeholder cheat sheet
- Common presentation mistakes
- Goals of visualization
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- Communication and narrative
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- Decision enablement
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- Critical characteristics
- Communicating data-driven knowledge
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- Formats and presentation tools
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- Design considerations
Part 8: Hands-On Introduction to R and R Studio
- What is R?
- LAB: Intro to R Studio
- LAB: Univariate linear regression in R
- LAB: Multivariate linear regression in R
Certification / Credits
In this 3-day class you’ll learn:
- Identify opportunities, manage change and develop deep visibility into your organization
- Understand the terminology and jargon of analytics, business intelligence, and statistics
- Use a wealth of practical applications for applying data analysis capability
- Visualize both data and the results of your analysis for straightforward graphical presentation to stakeholders
- Estimate more accurately while accounting for variance, error, and confidence intervals
- Create a valuable array of plots and charts to reveal hidden trends and patterns in your data
- Differentiate between “signal” and “noise” in your data
- Understand and leverage different distribution models, and how each applies in the real world
- Form and test hypotheses using multiple methods to define and interpret useful predictions
- Identify statistical inference and drawing conclusions about the population
Why choose Velocity Knowledge?
Customized training programs for every organization
Industry-proven instructors, consultants, and experts
Efficient learning methods for your unique business objectives
Contact this provider
Velocity Knowledge
Velocity Knowledge is an Enterprise Education Provider made up of qualified educational professionals who have survived the budget cuts, lived through the training wars, adjusted to industry changes, and learned what it is that customers are looking for. Velocity Knowledge...