Technologies / Data & Analytics

Excel in statistical analysis of data

The two-day training provides a practical approach to using Microsoft Excel in statistical data analysis. The workshop program covers both basic and advanced statistical methods, with particular emphasis on their practical application in a business environment. Participants work on real data sets, learning to interpret results and draw business conclusions. The training methodology is based on practical exercises, where each participant performs analyses independently under the guidance of an experienced statistician.

Issues

Methods of descriptive statistics. Testing of statistical hypotheses. Correlation and regression analysis. Statistical inference. Analysis ToolPak in Excel. Visualization of statistical data. Analysis of time series. Statistical modeling. Automation of analysis. Interpretation of statistical results. Reporting of statistical analysis. Detection of anomalies in data.

Benefits

The participant will develop practical skills in using the statistical tools available in Excel to analyze business data
Will master techniques for identifying and interpreting key statistical measures in a business context
He or she will gain the knowledge to independently perform statistical tests and interpret their results
Will learn to select appropriate statistical methods for specific analytical problems
Will develop the ability to present the results of statistical analysis in an accessible form to a business audience
Will be able to automate repetitive statistical analyses

Who is this training for?

The program is dedicated to business analysts working with quantitative data

The training will work well for market researchers conducting statistical analysis

A course suitable for quality professionals analyzing process data

The workshop is directed to employees of research and development departments using statistical methods

The program is also tailored for marketers analyzing the effectiveness of campaigns

Attendees may also include those in sales departments conducting trend analysis

Prerequisites

Basic knowledge of descriptive statistics
Experience working with Excel spreadsheets
Ability to interpret basic statistical charts
Understanding of basic data analysis concepts

Training program

Analysis of data distributions
Techniques for visualizing schedules
Identification of outliers

Statistical hypothesis testing
Correlation and regression analysis
Confidence intervals and estimation
Interpretation of test results
Advanced statistical analysis
Analysis of variance (ANOVA)

Time series analysis

Analytical tools
Analysis ToolPak add-on
Excel statistical functions

Reporting of results

Delivery Methods

Online

Convenience of participating from anywhere
Interactive live sessions with trainer
Materials available for 30 days
No travel costs

On-site

Direct contact with trainer and group
Intensive hands-on workshops
Networking with other participants
Full focus on learning

Frequently asked questions

What are the prerequisites for this training?

For Excel in statistical analysis of data we recommend: Basic knowledge of descriptive statistics; Experience working with Excel spreadsheets; Ability to interpret basic statistical charts.

What is the format and duration of this training?

The training lasts 2 days and is available in online and on-site format. Sessions run from 9:00 AM to 4:00 PM. We can also customize the schedule to fit your team's needs.

Who is this training designed for?

This training is designed for: The program is dedicated to business analysts working with quantitative data; The training will work well for market researchers conducting statistical analysis; A course suitable for quality professionals analyzing process data.