Economic Development Using Location Intelligence

Data Analysis for Decision Making

The application of statistical analysis, hypothesis testing, regression analysis and forecasting in business decision making

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What does this cover?

We are currently reviewing underlying agreements with the content developers responsible for this course. Currently, this Competency is not available.

1

Design a strategy for data collection to support a business decision-making scenario.

2

Select appropriate statistical methods to analyze a business problem.

3

Utilize Excel as a platform for data analysis

4

Interpret data analytics results with attention to the scope and limitations of the applied statistical methods

5

Draw conclusions from data analyses to improve decision-making

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