Decision Making And Data Analysis

A detailed guided course on Decision Making, Data Analytics and Interpretation.
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  • Lectures 41
  • Length 2 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
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    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 10/2015 English

Course Description

This course is all about understanding Decision Making, Data Interpretation and Analysis through real time case scenarios and Practical Sessions.

All the video tutorials are in simple English and Technical jargon have not been used. Real life case scenarios have been used as examples to explain each and every topic.

This course has been made in length keeping in mind the broad array to topics that encompasses the entire Decision Making Ability and Data Interpretation. The entire course has been broken down into 30 Sections comprising of 103 tutorial videos giving a clear picture on the various features of Decision Making.

This entire course can be covered in 12 to 14 days depending on the speed of the students.

The entire course is broken down into several topics and each topic has a short video tutorial of 2 minutes explaining the topic in clear details.

This course is very helpful for students or working professionals or managers who has to take decisions in their workplace. This course will clearly guide them how they can take good decisions with the help of analyzing data. From this course they will understand optimal utilization of resources and several team work process which is critical in decision making process.




What are the requirements?

  • No prior knowledge on any Decision Based Topic or Software is needed.
  • A standard Laptop or Desktop or Tab with MS Office Installed is sufficient.

What am I going to get from this course?

  • Understanding Data and have a clear concept on decision making process.
  • Have a sound knowledge on various problem solving tools and approaches.
  • Have a clear understanding on Data and Variables and various statistical concepts and some knowledge on MS Excel

What is the target audience?

  • This course is highly recommended for all Data Analytics professionals, Software Consultants, Management Consultants in the field of Marketing and Finance.
  • This course is probably not for those who are looking for a basic level of understanding on Decision Making and Data Interpretation techniques.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Structured Problem Solving
02:32

In this tutorial students will have a clear knowledge on Structured Problem Solving with the help of a case scenario.

This will help students to breakdown a problem into sub problems in order to understand the root cause of a situation.

3 questions

Answer all questions

02:06

In this tutorial students will be able to understand in crisp points the benefits of Structured Problem Solving and the importance of Structured Problem Solving.

Benefits of Structured Problem solving
3 questions
04:47

In this tutorial students will have a clear idea on the three most commonly used Problem Solving Methods. Broadly this tutorial will cover the Just Do It and DAMIC approach.

Types of Problem Solving Methods
3 questions
04:59

In this tutorial students will have a clear idea on the 8 Step problem Solving Approach and also have clarity on each and every steps with the help of an example.

Each step here is explained based on a scenario and finally all the 8 step is reiterated with the help of a flow diagram.

What Is The 8 step Problem Solving Approach?
3 questions
00:50

In this tutorial students will have a clear idea on real time scenarios when the 8 Step Approach is used and is most effective.

02:09

In this tutorial students will have a clear understanding on PDCA cycle and all the steps involved in PDCA cycle.

Section 2: Develop Counter Measures
02:57

In this tutorial students will have an in-depth knowledge on Develop Countermeasures wherein they will understand the importance of Evaluation of Ideas top solve a problem.

03:49

In this tutorial students will have a clear understanding on what is Cost Benefit Analysis and how it is to be used with the help of a real time example.

03:27

In this tutorial students will have a knowledge on Evaluation Matrix along with its importance.

Evaluation of Ideas
3 questions
Section 3: Problem Solving Guide
04:26

In the tutorial students will have a clear idea to categorize the problem into either Type I, Type II or Type III and can have a better approach to solve a problem.

02:33

In this tutorial students will understand the need to breakdown a Problem into Sub-Problems and why breaking into Sub-Problems help in Problem Solving

Cost and Benefit Analysis
3 questions
03:24

In this tutorial students will have a clear understanding on setting reasonable targets and the advantages of Setting a Target.

02:16

In this tutorial students will have a knowledge on why it is essential to do a Root Cause Analysis along with the Tools used in Root Cause Analysis.

Evaluation Matrix
3 questions
Section 4: Tools Used in Problem Solving
02:18

In this tutorial students will have a clear idea on breaking a Problem into Sub-Problems and then assigning specific team to solve Specific Problems.

They will understand the advantages and why is this approach necessary.

Multidisciplinary Team Work Approach
2 questions
00:59

At the end of this tutorial students will have a clear knowledge on what is Brain Storming and why is it necessary to Brainstorm before addressing a problem.

Brainstorming
1 question
02:07

At the end of this lecture students will have a clear understanding on 5 W and why is it useful.

5W Analysis
2 questions
02:20

At the end of this lecture students will have a clear idea on Pareto Analysis and the significance of Pareto Analysis.

01:27

At the end of this lecture students will have a clear understanding on what is a Check Sheet and the importance of Check Sheet with practical example.

03:07

At the end of this lecture students will have a clear idea on Fish Bone Analysis and how to solve issues or problems with Fish Bone Analysis.

02:05

At the end of this lecture students will have a clear idea on what is Control Chart and why is it used in business.

Section 5: A3 Approach
02:45

In this tutorial students will have a clear knowledge on A3 approach and its importance.

A3 Approach
2 questions
01:16

In this tutorial students will have a clear understand on the benefits and the popularity of A3 approach and why it is preferred in the industry.

Why We Use A3 Approach
1 question
Section 6: Quality Control
01:15

This tutorial covers 4 quality control tools that was discussed in Section 4, in lectures 22, 23, 24 and 25. It is a requested that students please refer to the lectures to have an idea on the QC tools.

Quality Control Tools
1 question
01:51

At the end of this lecture students will have a clear idea about histogram and how to visualize data in histogram.

Histogram
1 question
03:50

At the end of this lecture students will have a clear idea on scatter diagram, its advantages and data visualization using scatter diagram.

Fish Bone
4 questions
Scatter Diagram
2 questions
03:53

At the end of this lecture students will learn the technique and use of stratification.

Stratification
1 question
Section 7: Data And Variables
04:21

At the end of this lecture students will have a clear idea on Data and Variables and different types of data.

01:20

At the end of this lecture students will have a clear idea on Identity, Magnitude, Equal Interval & Absolute Zero which constitute the properties of measurement.

02:25

At the end of this lecture students will have a clear idea on Nominal, Ordinal, Interval & Ratio which constitute the Scales Of Measurement.

03:05

At the end of this lecture students will have a clear idea on Central Tendency, Mean, Median and Mode.

02:40

At the end of this tutorial students will have a working knowledge on how to find mean, median and mode using Excel.

04:43

At the end of this lecture students will have a clear idea on Range, Standard Deviation, Variance and Co Efficient Of Variation

01:51

At the end of this tutorial students will be able to understand how to calculate standard deviation using excel.

02:03

At the end of this lecture, students will have a clear idea on location, Quartiles, Percentile and Decile

Section 8: Sampling And Hypothesis
02:42

At the end of this lecture students will have a clear idea about sampling and different types of sampling used.

Sampling Techniques
3 questions
02:43

At the end of this lecture students will have a clear idea on how to form hypothesis.

Forming Hypothesis
3 questions
01:46

At the end of this lecture students will have a clear idea on two important types of hypothesis called Null and Alternate hypothesis.

02:26

At the end of this lecture students will have a clear idea on Level Of Significance and its importance.

01:55

At the end of this lecture students will have a clear step by step idea about Testing Of Hypothesis.

Section 9: Statistical Inference
01:17

At the end of this tutorial students will have a clear idea about T-Test.

06:25

At the end of this tutorial students will have a clear hands on knowledge on how to calculate T-Test in Excel

Null And Alternate Hypothesis
3 questions
Level Of Significance
3 questions
P Value And Hypothesis Testing
3 questions
T-Test
3 questions
T-Test In Excel
2 questions
Data And Variables
4 questions
Properties Of Measurement
3 questions
Scales Of Measurement
3 questions
Central Tendency
2 questions
Measure Of Dispersion
2 questions
Measure Of Location
2 questions
Clarify The Problem
3 questions
Breakdown The Problem
3 questions
What is PDCA
3 questions
Target Setting
3 questions
When Do We Use The 8 Step Approach?
1 question
Determine The Root Cause
3 questions
Pareto Analysis
3 questions
Check Sheet
2 questions
Control Charts
3 questions

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Instructor Biography

OrangeTree Global, Analytics Trainer At OrangeTree Global.

We are a training academy providing Analytics training to students and working professionals across India. Our trainers are well versed in Analytics as well as several other programming languages like C,C++, Java,.Net etc and we help train our students so that they get a cutting edge over others in the technology platform. Our training modules are simple yet vast enough to cover all details of our program.

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