Business Analytics Training in Riyadh, Saudi Arabia
Event Information
Description
EduPristine Inc. is coming up with a 3 full days Business Analytics Bootcamp in Riyadh.
After completing the course, you can expect to:
· Learn to solve business problems using Analytics
· Get practical exposure on advanced predictive modeling techniques
· Analyze and predict future outcomes based on historical patterns
· Learn to use statistical data analysis to drive fact-based decisions
· Identify, monitor and measure quality processes over time.
· Explore data to find new patterns and relationships (data mining)
· Predict the relationship between different variables (predictive modeling, predictive analytics)
· Predict the probability of default and create customer Scorecards (Logistic Regression)
Day Wise Schedule:
Day1:
Overview of Business Analytics:
- Analytics v/s Analysis
- Business Analytics
- Business Analysis
- Business domains within Analytics
- Challenges
- Examples
Data:- Tool Used: MS Excel
- Population v/s Sample
- Types of Data Variables
- Summarizing Data
- Central Tendency and Spread/Variability
- Data Collection
- Data Dictionary
- Outlier Treatment
- Missing Value Imputation
- Case Study: Billing Amount – Credit Card
Basic Statistics:- Tool Used: MS Excel
- Probability
- Random Variables
- Probability Distribution
- Discrete Distributions
- Continuous Distributions
- Case Study: Probability of Expected Operational Losses – Binomial
- Case Study: Fitting Normal Distribution and Predicting number of swipes
- Case Study: Fitting LogNormal Distribution
Day2:
Basic Statistics:
- Central Limit Theorem
- Sampling and Statistical Inference
- Confidence Intervals
- Hypothesis Testing
- Types of error rate: Type I and Type II
- Case Study: Check the possibility of launching a new business
Predicitve Modeling (Linear Regression)
(Case: Multivariate Linear Regression – Insurance – Tool: MS Excel)
- Correlation and Correlation coefficient
- Multivariate Linear Regression Theory
- Coefficient of determination (R2) and Adjusted R2
- Model Misspecifications
- Economic meaning of a Regression Model
- Bivariate Analysis
- ANOVA (Analysis of Variance)
- Multivariate Linear Regression Model
- Variable identification
- Response variable exploration
- Distribution analysis
- Outlier treatment
- Independent variables analysis
- Multicollinearity detection and correction
- Case Synopsis: Identify and Quantify the factors responsible for loss amount for an Auto Insurance Company
Day3:
Predictive Modeling (Linear Regression)
(Case: Multivariate Linear Regression – Insurance Industry) – Tool Used: MS Excel and R
- Gains Chart and Gini
- Heteroskedasticity detection and correction
- Introduction to R Software
- Multivariate Linear Regression – Using R
- Correcting Heteroskedasticity – Using R
- Case Study: Identify and Quantify the factors responsible for loss amount for an Auto Insurance Company
Logistic Regression:- Tool Used: R
- Identifying problems in fitting linear regression on data having “Binary Response” variable
- Introduction to Generalized Linear Modeling (GLMs)
- Logistic Regression Theory
- Logistic Regression Case
- Variable Identification
- Response Variable exploration
- Independent variables analysis
- Case Study: Identify the customers who will opt for expensive bill plan (telecom)
Unique Offerings of EduPristine Business Analytics Classroom Training:
- Convenient Weekend Sessions
- Online Study material
- Project/Case Studies Analysis during the training session
- 24 x 7 support for Doubt Clearing
- Course is Globally recognized
- Certification Provided
Please enrol yourself at the earliest since registration is going to close soon.
Looking forward for your active participation.