London Leadership Management Innovation llmi.uk
info@llmi.uk
Data Management and Business Intelligence · DMBI-026

Statistics for Data-Driven Decisions

5 daysClassroom
15Upcoming dates
9Cities
£2,250Fees from + VAT

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

Day 1: Describing Data
  • Data types
  • Central tendency
  • Variation
  • Visualisation
  • Outliers
  • Lab: Descriptive statistics
Day 2: Probability and Distributions
  • Probability basics
  • Normal distribution
  • Other distributions
  • Business applications
  • Exercise: Probability problems
Day 3: Sampling and Inference
  • Sampling methods
  • Sampling error
  • Confidence intervals
  • Sample size
  • Lab: Confidence intervals
Day 4: Hypothesis Testing
  • Hypotheses
  • Significance
  • t-tests
  • Chi-square
  • A/B testing
  • Lab: Hypothesis tests
Day 5: Relationships and Pitfalls
  • Correlation
  • Regression
  • Causation
  • Common mistakes
  • Capstone: Statistical analysis report

Dates and fees

DatesCityFee
16 - 20 Nov 2026Amsterdam, Netherlands£4,250 + VAT
7 - 11 Dec 2026London, United Kingdom£4,200 + VAT
21 - 25 Dec 2026London, United Kingdom£4,200 + VAT
18 - 22 Jan 2027Frankfurt, Germany£3,250 + VAT
15 - 19 Feb 2027Rome, Italy£4,250 + VAT
15 - 19 Mar 2027Kuala Lumpur, Malaysia£2,250 + VAT
19 - 23 Apr 2027London, United Kingdom£4,200 + VAT
17 - 21 May 2027Rome, Italy£4,250 + VAT
21 - 25 Jun 2027Geneva, Switzerland£5,250 + VAT
19 - 23 Jul 2027Madrid, Spain£4,250 + VAT
16 - 20 Aug 2027London, United Kingdom£4,200 + VAT
20 - 24 Sep 2027Frankfurt, Germany£3,250 + VAT
18 - 22 Oct 2027Barcelona, Spain£3,850 + VAT
15 - 19 Nov 2027Istanbul, Turkey£2,850 + VAT
20 - 24 Dec 2027Rome, Italy£4,250 + VAT
London Leadership Management InnovationRegister at llmi.uk/course/statistics-for-data-driven-decisions