What is Your Data Telling You?
Every day, for-profit, not-for-profit and public sector organizations produce data that can be used to make better decisions while improving the bottom line. Information abounds across all departments – from production control, sales and procurement, to permitting and licensing, to admissions, length of stay and reimbursements. Without extensive technical resources or appropriate budgets, where is an organization to begin?
This one-day course will explore the basic tenets of drawing value from data. Participants will learn how to make data more meaningful through the following approach:
- Data collection (do’s and don’ts): kinds of data, data collection plans, sample size
- Manipulating (organizing and reorganizing) data for useful visualization and analysis: coding, sorting, extracting, sub-setting
- Visualization (turning data into tables and graphs): when tables are better than graphs, types of graphs, annotation of graphs
- Analysis (turning data into information): descriptive statistics, inferential statistics, hypothesis roadmap
Minitab* will be the key software used to demonstrate concepts, though other software may be used to perform tasks. Participants may bring laptops loaded with Minitab to class, though it is not required.
*TCIE is offering Minitab Training on October 28 Click here for details.
|Date:||November 5, 2014|
|Time:||8am – 5pm|
|Venue:||Ramada Hotel (formerly University Inn)|