Descriptive Statistics KPIs

This workshop teaches data collection, sampling, validation, and identifying descriptive statistical KPIs for analysis.

introduction

Descriptive Statistics KPIs

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For who?

We recommend this course if you:

This workshop is ideal for:

  • Data Analysts seeking to improve data collection, analysis, and reporting skills.
  • Business Professionals who need to make data-driven decisions and interpret statistical results.
  • Researchers and Academics interested in learning about data quality, sampling methods, and descriptive statistics.
  • Project Managers overseeing data-driven projects who want to understand the entire data analysis lifecycle.
  • Students aiming to build foundational knowledge in data analysis, statistics, and tool usage.

By the end of the workshop, participants will be able to manage data projects efficiently, assess data quality, and apply descriptive statistics using tools like Excel and Python.

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features

Advantages and features of the course:

Workshop Overview

It all begins with effective data collection and/or selection. This requires a good understanding of various data types and their sources. Proper organization makes it easier to describe results using appropriate and efficient descriptive statistical measures. This workshop focuses on important aspects of creating a smart data collection process, selecting the best sampling approach, validating the quality of stored information for analysis, and identifying corresponding descriptive statistical KPIs.

Learning Outcomes

  • Plan the lifecycle of a successful data analysis project.
  • Translate any business into a comprehensive database.
  • Assess data quality for analysis and reporting purposes.
  • Explore various sampling methods and potential pitfalls.
  • Describe and interpret data using descriptive statistics.
  • Interpret estimates based on sample results.
  • Differentiate between fluctuation and confidence intervals

Duration 3 days

Day 1:

-  Central  Tendency Measurements

-  Scatter Tendency Measurements  

Day 2:

- Central Limit Theorem

- Estimations and Sampling

Day 3:  

- Descriptive Statistics with Excel, and Python

What will it be about?

- Colored PPT documents / Videos

- Case studies from A to Z

- Group exercises for live practices

- Proprietary vs. Open source tools

- Report design 101

- Average, Median and Mode

- Variance and Standard Deviation

- Probabilistic vs. Non-Probabilistic sampling

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