Use regression methods and statistical tools to better discover, analyze and forecast relationships among large data sets ("Big Data") to gain confidence in building reliable data analyses to make projections of business intelligence and performance.
The fundamental analytical tool for discovering, analyzing and forecasting relationships is regression. Forecasting applies regression to past relationships, looking for trends, seasonal patterns and hidden correlations that can be predicted reliably into the future. Whether it is modeling customer retention rates, developing an optimal bidding strategy in a sealed bid process, hedging a firm’s revenue, or forecasting future profitability of individual customers, monthly sales, or daily stock prices, managers can chart a successful course with regression and forecasting methods.
All of these and other case studies are covered in this class. In addition, the class conveys a solid fundamental understanding of the methods, using intuitive graphical approaches to explain and motivate regression and forecasting models.
Explore the ins and outs of data analytics to gain perspective and experience with the complexities of “Big Data” in the business and organizational context.
Two-day Concentrated Program
Registration begins at 8:00 a.m. and class runs 8:30 – 4:30 both days with a one-hour networking lunch included.
Enjoy proximity to the vibrancy of the campus and downtown Austin, and the innovative, business-friendly environment of the city.
CEUs: Participants earn 1.4 CEUs and/or 14 CPEs for this course. A certificate of completion will be presented from Texas Executive Education.
Tom Sager was raised and educated in Iowa. He served in the Army as a trumpet player during the Vietnam War.
Dr. Tom Shively is a Professor of Statistics and the Joe B. Cook Professor of Business in the McCombs School of Business at The University of Texas at Austin.
"Both professors were clear, knowledgeable and kept things practical and basic enough for those of us who aren't experts. Case studies were very helpful."
St. Jude Medical, Inc.
11/16/15 - 11/17/15
AT&T Executive Education & Conference Center
1900 University Avenue
Austin, TX 78705
Tom ShivelyThomas Sager
05/09/16 - 05/10/16