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Data Modeling: 2016 - 2017 By Frank Krzystofiak
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All managerial activities revolve around decision-making. One of the hallmarks of successful management in a complex and rapidly changing environment is the ability to recognize decision situations,... More > understand their essential features, and obtain insight that makes clear what the appropriate actions are. Some successful managers seem to have an innate ability to do this. Many consider decision making as an art; something learned by trial and error; something based on creativity, judgment, intuition, and experience rather than anything based on a set of systematic methods. This course provides a structured way of attacking a wide range of real problems, using data-driven analysis to guide decision-making. We will consider how you can think about and manage uncertainty and risk, how to translate data about the business into useful insights, how to put value on various courses of action, and how to generally make informed decisions.< Less
Notes for Statistics: 2016 By Frank Krzystofiak
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Managerial activities revolve around the making of decisions. One essential aspect of decision making involves organizing and evaluating relevant information. Quantitative methods have value for... More > managers because they provide approaches for organizing, evaluating and interpreting data relevant to managerial decisions. This material is intended to provide structured ways of attacking a wide range of business problems, using data driven analysis to guide decision-making. Data can be thought of as crude information, not knowledge. The sequence from data to knowledge first involves converting data into information or data analysis. Data analysis includes the processes of collection, organization and summarization of data with the intent of extracting useful meaning. Data becomes information, when it acquires meaning. Information becomes knowledge when it becomes relevant to the decision problem and can be used to complete the decision process.< Less
Data Modeling Mini: 2016 - 2017 By Frank Krzystofiak, Dianna Cichocki
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All managerial activities revolve around decision-making. One of the hallmarks of successful management in a complex and rapidly changing environment is the ability to recognize decision situations,... More > understand their essential features, and obtain insight that makes clear what the appropriate actions are. Some successful managers seem to have an innate ability to do this. Many consider decision making as an art; something learned by trial and error; something based on creativity, judgment, intuition, and experience rather than anything based on a set of systematic methods. This course provides a structured way of attacking a wide range of real problems, using data-driven analysis to guide decision-making.< Less
Introduction to Data Modeling: 2016 - 2017 By Frank Krzystofiak, Dianna Cichocki, Laura Amo
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Spreadsheets are tremendously powerful tools; they provide the capability to manipulate complex data to supply information and to make decisions. Most users use less than 10% of a spreadsheets... More > analytical capability. This material is designed to enhance the skill of Excel users. We hope to show you that it is not that difficult. With a little bit of knowledge and a willingness to practice and make mistakes you will be amazed at how quickly your effectiveness in using spreadsheets can improve.< Less