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Analytics the Right Way: A Business Leader's Guide

  • ITEM SKU
    8465
  • CPE Hours
    10
  • Full Course Price
    $79.50
Exam Questions: 50
Course Level: Basic
Pages: 230 | Content: 210, Supplemental: 20
NASBA Area of Study: Management Services
Not Acceptable for: Enrolled Agents
Version: 8465

This course outlines a clear approach to putting analytics to productive use with a three-part framework that brings together the realities of the modern business environment with the deep truths underpinning statistics, computer science, machine learning, and artificial intelligence. Combining real world examples along with vivid hypotheticals, this course provides a pragmatic guide for putting foundational analytical and statistical concepts to effective use in a business context. PLEASE NOTE: Not accepted for Enrolled Agents. All course material provided. No prerequisites. Course level: Basic.

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Course Information

Table of Contents
  • How We Got Here
  • Making Decisions with Data: Causality and Uncertainty
  • A Structured Approach to Using Data
  • Making Decisions Through Performance Measurement
  • Making Decisions Through Hypothesis Validation
  • Hypothesis Validation with New Evidence
  • Descriptive Evidence: Pitfalls and Solutions
  • Pitfalls and Solutions for Scientific Evidence
  • Operational Enablement Using Data
  • Bringing It All Together
Objectives
  • To recall common misconceptions regarding data
  • To recognize how uncertainty impacts decision-making
  • To recognize the three fundamental ways businesses use data
  • To recall the purpose of performance measurement
  • To recognize the three key components of a well-formed hypothesis
  • To identify the three main categories of evidence used to validate a hypothesis
  • To recall the definition of dependent and independent variables
  • To recall the requirements of a controlled experiment
  • To recall the definitions of business logic and machine learning
  • To identify the benefits of technology in modern enterprises

PLEASE NOTE: CPE credit measurement is based on NASBA Registry and QAS guidelines of one credit for every 50 minutes. Credit calculation may vary in different states — check with your State Board of Accountancy. Unless otherwise noted in the specific course description, no advanced preparation is required in order to register or complete any PES CPE course. Use of materials or services provided by Professional Education Services, LP ("PES") are governed by the Terms and Conditions stated on PES' website www.mypescpe.com. PES provides these courses with the understanding that it is not providing any accounting, legal, or other professional advice and assumes no liability whatsoever in connection with its use. PES has used diligent efforts to provide quality information and material to its customers, but does not warrant or guarantee the accuracy, timeliness, completeness, or currency of the information contained herein. Ultimately, the responsibility to comply with applicable legal requirements falls solely upon the individual licensee, not PES. PES encourages you to contact your state Board for the latest information and to confirm or clarify any questions or concerns you have regarding your duties or obligations as a licensed professional.