About this Event
Bring your team and save:
1. Groups of three or more receive a 10% discount
2. Organizations hosting an in-house session with 10+ participants enjoy a 15% discount.
Duration: 1 Full Day (8 Hours)
Delivery Mode: Classroom (In-Person)
Language: English
Credits: 8 PDUs/Training Hours
Certification: Course Completion Certificate
Refreshments: Lunch, Snacks and beverages will be provided during the session
Course Overview:
This course focuses on using Microsoft Excel for advanced statistical analysis and modeling without requiring programming knowledge. It covers key statistical concepts, analytical tools, and modeling techniques that can be applied directly in business, research, and operational contexts. The session emphasizes practical understanding, interpretation of results, and building confidence in using Excel for complex data analysis within a single day.
Learning Objectives:
- Understand advanced statistical concepts used in data analysis
- Apply statistical modeling techniques using Excel
- Analyze relationships and trends within datasets
- Interpret regression and hypothesis testing results
- Build simple predictive and forecasting models
- Improve data-driven decision-making confidence
- Avoid common mistakes in statistical analysis
Target Audience:
- Business analysts
- Finance and operations professionals
- Researchers and analysts
- Managers working with data
- Professionals using Excel for reporting and analysis
- Anyone seeking advanced analytical skills in Excel
Why Choose this Course?
This course bridges the gap between statistics and practical Excel usage, making advanced analysis accessible without complex software or coding. The trainer brings hands-on experience in data analysis and business modeling, ensuring concepts are explained clearly and applied realistically. The course content is carefully structured to deliver maximum value within a single day.
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Looking to upskill your workforce efficiently?
This program can be delivered as an in-house session customized to your organization’s data, industry, and analytical needs. Examples and models can be aligned with real business scenarios for higher relevance. Flexible delivery options ensure learning outcomes match organizational goals.
📧 Contact us today to schedule a customized in-house, face-to-face session:
Agenda
Module 1: Statistical Foundations for Data Analysis
Info:
• Review of key statistical concepts used in modeling
• Understanding data types and distributions
• Importance of data accuracy and preparation
• Icebreaker
Module 2: Data Preparation & Exploratory Analysis
Info:
• Cleaning and structuring data for analysis
• Descriptive statistics and summary measures
• Identifying trends, outliers, and patterns
• Case study
Module 3: Probability & Statistical Distributions
Info:
• Normal, binomial, and other common distributions
• Probability concepts used in decision-making
• Interpreting distribution outputs in Excel
• Simulation
Module 4: Correlation & Regression Analysis
Info:
• Understanding relationships between variables
• Simple and multiple regression concepts
• Interpreting regression results for insights
• Case study
Module 5: Hypothesis Testing & Statistical Inference
Info:
• Null and alternative hypotheses
• Confidence intervals and significance levels
• Business interpretation of test results
• Activity
Module 6: Forecasting & Predictive Modeling
Info:
• Time series concepts and trend analysis
• Forecasting methods using historical data
• Evaluating model accuracy and limitations
• Simulation
Module 7: Interpreting Results & Decision Support
Info:
• Translating statistical outputs into insights
• Communicating findings to stakeholders
• Common modeling errors and how to avoid them
• Role play
Event Venue & Nearby Stays
Regus Burelli Street, 1 Burelli Street #Level 1, Wollongong, Australia
AUD 562.51 to AUD 730.86
