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EncartaLabs

Strategies and Concepts for Data Scientists and Business Analysts

( Duration: 3 Days )

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 Strategies and Concepts for Data Scientists and Business Analysts training course, you will 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 them find hidden nuggets, the importance of experiments in business, and the kind of value that they can gain from unstructured data.

By attending Strategies and Concepts for Data Scientists and Business Analysts workshop, delegates will learn to:

  • 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

Knowledge in statistics - distribution analysis, hypothesis testing, and regression techniques.

This Strategies and Concepts for Data Scientists and Business Analysts class is aimed at Statisticians, market researchers, information technology professionals, data scientists, and business analysts who want to make better use of their data.

COURSE AGENDA

1

Overview

  • Defining terms
  • Concepts of data science
  • Exploring and visualizing data
2

Segmentation

  • Pitfalls and good practices
  • Interpreting clusters
3

Predictive Modeling

  • Fundamentals
  • Decision trees
  • Random forests
  • Model comparison
4

Design of Experiments

  • Why experiment?
  • Types of business experiments
5

Unstructured Data

  • Text analytics
  • Social networks
6

Communicating Your Results

  • Knowing your audience
  • Creating effective messages
  • Demonstrating value

Encarta Labs Advantage

  • One Stop Corporate Training Solution Providers for over 6,000 various courses on a variety of subjects
  • All courses are delivered by Industry Veterans
  • Get jumpstarted from newbie to production ready in a matter of few days
  • Trained more than 50,000 Corporate executives across the Globe
  • All our trainings are conducted in workshop mode with more focus on hands-on sessions

View our other course offerings by visiting https://www.encartalabs.com/course-catalogue-all.php

Contact us for delivering this course as a public/open-house workshop/online training for a group of 10+ candidates.

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