Advanced Data Analysis Techniques
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Professional training course · DMBI-026
Statistics for Data-Driven Decisions
Many business decisions rely on data, but misunderstanding statistics leads to wrong conclusions. Professionals need practical statistical literacy to analyse data and…
- 5 daysClassroom
- 15Upcoming dates
- 9Cities
- £2,250Fees from
Course overview
Why Attend
Many business decisions rely on data, but misunderstanding statistics leads to wrong conclusions. Professionals need practical statistical literacy to analyse data and challenge claims.
This LLMI course covers descriptive statistics, probability, distributions, sampling, confidence intervals, hypothesis testing, correlation, regression and common pitfalls, with business examples and spreadsheet exercises.
Course Objectives
Summarise data with descriptive statistics
Understand probability and distributions
Apply sampling and confidence intervals
Conduct and interpret hypothesis tests
Use correlation and regression
Avoid common statistical mistakes
Target Audience
Business analysts
Managers using data
Quality and operations professionals
Marketing analysts
Researchers
HR and finance analysts
Course Methodology
Concept explanations
Spreadsheet exercises
Business case examples
Group problem-solving
Quizzes
Course outline
-
1Day 1: Describing Data
- Data types
- Central tendency
- Variation
- Visualisation
- Outliers
- Lab: Descriptive statistics
-
2Day 2: Probability and Distributions
- Probability basics
- Normal distribution
- Other distributions
- Business applications
- Exercise: Probability problems
-
3Day 3: Sampling and Inference
- Sampling methods
- Sampling error
- Confidence intervals
- Sample size
- Lab: Confidence intervals
-
4Day 4: Hypothesis Testing
- Hypotheses
- Significance
- t-tests
- Chi-square
- A/B testing
- Lab: Hypothesis tests
-
5Day 5: Relationships and Pitfalls
- Correlation
- Regression
- Causation
- Common mistakes
- Capstone: Statistical analysis report
Dates and fees
Questions
Frequently asked questions
How long is the Statistics for Data-Driven Decisions course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Statistics for Data-Driven Decisions course?
The next public date is 16 - 20 Nov 2026 in Amsterdam. There are 15 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Amsterdam, London, Frankfurt, Rome, Kuala Lumpur, Geneva, Madrid, Barcelona, Istanbul.
How much does the course cost?
Fees start from £2,250 + VAT per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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