Description
Using Data and Acumen to Make Good Decisions
Interpreting Data and Using Common Business Sense
Data analytics software can create impressive charts and reports. What it cannot do is tell you the right decision to make for your business or customers. Only you can interpreting the data in the proper context. Making Data-Driven Business Decisions addresses:
- The right way and wrong way to use averages
- How you can combine tools (pareto, histogram, line charts) to get a complete picture of the situation
- Static analyses versus time-based analyses
- Evaluating the correct way to respond to variation in performance
- Trusting your business instincts /experience
Run time is 60 minutes. Your instructor is Ralph Smith.