NUS
 
ISS
 

Statistics for Business II

Overview

Reference No TGS-2024041294
Part of Graduate Certificate in Analytics Project Management
Duration 3 days
Course Time 9:00am - 5:30pm
Enquiry Please contact ask-iss@nus.edu.sg for more details.

This is an introductory course to help the non-technical users perform a variety of data analysis in order to derive factual insights and ultimately to gain experience in making evidence-based business decisions.

Over the course of three days, you will explore multiple statistical concepts and learn how to apply them to business use cases. You will work on cleaning and preparing the data for analysis and generating insights. You will experience the use of data visualisation to find answers to business questions. You will learn how to discover correlations in data and to build simple linear regression models. Finally, you will learn about supervised and unsupervised machine learning techniques. Here you will practice building classification trees to predict customer behavior or condition; and using cluster analysis methods to create customer groupings that would lead to more effective customer management and engagement.

All the topics taught will be delivered through a problem-based approach and active discussions that are driven by use of numerous business scenarios. Emphasis is placed on critical thinking, practice skills and practical knowledge with the use of software and tools only as delivery mechanisms.


Upcoming Classes

Class 1: 10 to 12 Mar 2025
Duration: 3 Days
When: Mar 10, 11, 12
Mode of Conduct: Face-to-Face
Time: 9:00am to 5:30pm

Class 2: 2 to 4 Jun 2025
Duration: 3 Days
When: Jun 2, 3, 4
Mode of Conduct: Face-to-Face
Time: 9:00am to 5:30pm

Class 3: 10 to 24 Jan 2026
Duration: 3 Days
When: Jan 10, 17, 24
Mode of Conduct: Face-to-Face
Time: 9:00am to 5:30pm

Register 

Registration Instructions

Self-sponsored Participants

  • Register for the course by clicking on the "Register Now" button above
  • You may refer to the User Guide for Learner

Company-sponsored Participants

  • You will have to be registered for the course by someone from your company who has an account on the LifeLong Learning Portal (L³AP)
  • The person in-charge may register you for the course by:
    • Generating a corporate registration link for you to register for the course
      • After the link is generated, you must:
        1. Log in to L³AP by clicking on the "Register Now" button
        2. Click on the corporate registration link after logging in
      • If you do not follow the above instructions, you will be registered for the course as self-sponsored
    • Registering you for the course backend
      • You will still be required to log in to L³AP and complete your registration by clicking on the "Register Now" button above
  • You may refer your HR/L&D POC to the User Guide for Company

Course Content

Key Takeaways

At the end of the course, participants will learn:

  • How statistics is being applied to solve a variety of business problems
  • How to compute and interpret data summaries- numerically as well as visually
  • How visual data exploration is used to find answers to business problems
  • How to present data visually for better understanding of relationships between variables
  • How to statistically analyze whether there is a relationship between two variables and determine the size of the relationship
  • How to predict one variable in terms of another to make improvement in business performance
  • How to perform classification and prediction using decision tree modeling approach
  • How to cluster data into homogenous subsets to enable focused group-based customer management

This 3-day classroom instructor-led training course is an invaluable introduction to data analysis and forms a part of a suite of courses designed to give a thorough grounding in Data Science.

This course is part of the Data Science Series and Graduate Certificate in Analytics Project Management offered by NUS-ISS.



Who Should Attend

This course is designed for the non-technical business professional who aspires to gain practice skills and practical knowledge through hands-on experience in using business analytics to solve real life business problems:

  • Anybody who is just starting to analyse data and need a kick start
  • Anybody who wants to learn business analytics from the ground up
  • Anybody who is exploring career opportunities in business analytics
  • Anybody who is interested to learn how to make data-driven decisions

No coding is required in this course.

What to Bring

No printed copies of course materials are issued.
Participants must bring their internet-enabled computing device (laptops) with power charger to access and download course materials. 

If you are bringing a laptop, please see below for the tech specs:

Minimum

Recommended

Operating Systems • Windows 7, 8, 10
• Mac OS
Laptop running the latest
version of either Windows or
Mac OS

System type

32-bit

 

64-bit

Memory


8 GB RAM

16+ GB RAM

Hard Disk


256 GB disk size

 

Others


• An internet connection – broadband wired or wireless
• Installation permissions (non-company laptops)
• Keyboard
• Mouse/Trackpad
• Display
• Power adapter (laptop battery might run out)

DirectX 10 graphics card for graphics hardware acceleration


Additional Software Requirements

• MS Excel 2019 & above
• Orange Datamining




What Will Be Covered

Day 1: How can we use statistics to solve business problems?
1.1: Introduction to Statistics
1.2: How to describe data?
1.3: How to do data preparation before analysis?
Day 2: How can we predict what is likely to happen?
2.1: Making sense of data visually
2.2: How to determine if one variable is related to another?
2.3: How to predict one variable in terms of another?
Day 3: How can we group business products/customers?
3.1: How to group/segment your customers using DT (Supervised learning)?
3.2: How to group/segment customers using clustering (Unsupervised learning)?



Fees & Subsidies

SkillsFuture Singapore (SSG) Funding 2024
  Full Course Fees Singapore Citizens & PRs aged 21 years and above 
(70% funding support)
Singapore Citizens aged 40 years and above 
(90% funding support)
Enhanced Training Support for SMEs (ETSS) 
(90% funding support)
Full course fee  S$2850 S$2850 S$2850 S$2850
SSG Funding  - S$1995 S$1995 S$1995
Nett course fee  S$2850 S$855 S$855 S$855
9% GST on nett course fee S$256.50 S$76.95 S$76.95 S$76.95
Additional Funding if eligible under various schemes  - - S$570 S$570
Total nett course fee payable, including GST  S$3106.50 S$931.95 S$361.95 S$361.95

Note:
1. SSG Funding is available to qualified individuals, subject to meeting the attendance requirement and passing of assessment.
2. All self-sponsored Singaporeans aged 25 and above can use their SkillsFuture Credit to pay for course fees. For more information about SkillsFuture Credit, click here.
3. SME fees are applicable only to participants who are sponsored by small and medium enterprises.
4. SSG Funding is valid up to 30 Sep 2024.




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Certificate

Certificate of Completion
Participants have to meet a minimum attendance rate of 75% and are required to pass the assessment to be issued a Certificate of Completion.



Join Us

Register now to kick start you data analytics journey.



Preparing for Your Course

NUS-ISS Course Registration Terms and Conditions

Find out more.

NUS-ISS and Learner’s Commitment and Responsibilities

Find out more.

WIFI Access

WIFI access will be made available to participants.

Venue

NUS-ISS
25 Heng Mui Keng Terrace
Singapore 119615

Click HERE for directions to NUS-ISS

In the event of a change of venue, participants are advised to refer to the acceptance email sent one week prior to the commencement date.

Course Confirmation

All classes are subject to confirmation and NUS-ISS will send an acceptance email to participants one week prior to the commencement date. Confirmed registrants are to attend and complete all lectures, class exercises, workshops and assessments (where applicable). Additionally, all responses to feedbacks and surveys conducted by NUS-ISS and its partners must be submitted. All training and assessments will be delivered as described in the course webpage.

General Enquiry

Please feel free to write to ask-iss@nus.edu.sg if you have any enquiry or feedback.




Course Resources

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