Statistics can be used to help drive performance, improve decision-making and ultimately deliver better services. With the growing recognition that statistics inform decision-making, optimise resource allocation and lead to improved services, it is essential that you can think and work in a more statistical way.
Attend this Understanding Statistical Analysis course, delivered by experienced statistician Alex Bottle, to gain the necessary skills to utilise data to make better and quicker decisions. Leave the day able to confidently analyse data reports and develop effective forecasting strategies. Take away the skills to prioritise based on risk or need and demonstrate value for money.
Using laptops, you will work through a mixture of practical examples to develop your knowledge of tools and techniques for statistical analysis. This highly interactive course is designed for professionals with a limited understanding of statistics to get to grips with statistical analysis and have the confidence to make more effective decisions based on statistical reports and datasets.
09:15 - 09:45
09:45 - 10:00
Trainer's Welcome & Clarification of Learning Objectives
Main concepts to be covered during the day are:
- Types of data and common distributions
- Measuring and understanding variation
- Trends and prediction
10:00 - 10:45
First Steps: Some Basic Statistical Terms
- What is statistical thinking and why does it matter?
- Types and examples of quantitative data: continuous, categorical, count
- Some common distributions in the real world, e.g., normal, bimodal, uniform, skewed
- When averages are misleading
- Key terms such as mean, mode, median, percentile, standard deviation, range, ratio, probability and risk, odds, accuracy vs precision
10:45 - 11:00
11:00 - 12:00
Understanding Variation 1: Describing Variation and Randomness
- Quantifying variation
- What is randomness? Why and when is it a problem
- Exercise: quick demo of randomness in action
- The role of chance and how to assess it (hypothesis testing)
- Exercise on assessing how much variation exists between units
12:00 - 13:00
Understanding Variation 2: Sampling Strategies and Bias
- Options for surveying customers and staff: sampling strategies
- Measurement error and precarious data
- Exercise: how satisfied are my customers?
14:00 - 14:45
Associations and Trends
- Correlation vs causation
- The linear trend: concept of least squares and choosing line of best fit
- Types of trends: linear, exponential rise or fall, step change, seasonal, other non-linear
- Exercise: what’s the trend here?
14:45 - 15:00
15:00 - 16:00
Forecasting and Getting it Wrong
The Chair will facilitate a group discussion around the ways in which forecasts can go wrong, and the ways to reduce the risk of this happening
- Extrapolating from a linear trend
- Measures of prediction uncertainty
- Group discussion: why do forecasts go wrong? How can we reduce the risk of this happening?
- Overcome common cognitive biases
- Exercise on putting it all together: which team deserves a bonus?
16:00 - 16:15
Feedback, Evaluation & Close
De Vere West One
9-10 Portland Pl
020 7222 7777
A: Unfortunately, we do not accept provisional bookings. Registrations are subject to our terms and conditions. View terms and conditions here
A: Yes. Simply email [email protected] after you have booked the course, with your Purchase Order Number. Please quote your order number and the course you are booked onto.
A: Yes, a two-course hot buffet is served at lunch. Tea and coffee are served throughout the day.
A: Special dietary requirements can be catered for, please ensure you include this in the further information box when registering your place. If you have forgotten to add this, you can also send your requirements to [email protected] or call 0800 542 9440. Please let us know as soon as possible so we can ensure your needs are met.
A: You will receive the joining instructions and reminders, 2 weeks, 1 week and 3 days before the course date. Please check your spam box to see whether the joining instructions were sent there, if not please call 0800 542 9440 so we can have these sent to you immediately.
A: Substitutions may be made at any time but must be made no later than 48 hours prior to the event. Please call 0800 542 9440 or email [email protected] with the replacement's details.
A: Cancellations must be received in writing 30 working days before the date of the event and will be subject to a £195+VAT administration fee. Cancellations received after this time will be subject to the full delegate fee.
A: Speakers presentations are sent a week after the event date. Please contact a member of the UMG team on 0800 542 9440 or [email protected] if it has been more than a week.
A: Yes, all our venues have the latest technology, offer full audio visual support and WI-FI.
A: Why not contact a member of the UMG team on 0800 542 9440 or email [email protected]