In this workshop you will learn all the necessary analytical and statistical skills to make sound decisions. Statistical concepts, tools and techniques will be covered in details.

*Who Should Attend? *

This workshop is designed for professionals in need of analytically based decisions.

*Workshop Topics:*

**Day 1:**

- Introduction
- Data and Statistics
- Exercises

Frequency Distribution and their Graphs: Constructing a Frequency Distribution, Midpoint, Relative Frequency, Cumulative Frequency, Frequency Histogram, Class Boundaries. - Frequency Histogram, Frequency Polygon, Relative Frequency Histogram, Cumulative Frequency Graph, the Distribution of Variables, Bar Chart, Pie Charts, Pareto Chart, Scatter Plot, Time Series Chart
- Concluding Remarks

**Day two: **

** **

- Measures of Central Tendency: Center, Spread, Shape, Mean, Median and Mode Weighted Mean, Mean of a Frequency Distribution, Shapes of Distribution.
- Exercises
- Measures of Variation: Range, Inter-Quartile Range, Standard Deviation, The Range of a Distribution, Quartiles, The inter Quartile Range, Percentiles and Deciles.
- Exercises
- Concluding Remarks

**Day Three: **

- Measures of Variations, continued: Standard Scores, Relative Z-score, Deviation, Variance, Standard Deviation, Interpreting Standard Deviation.
- Exercises
- Expected Value, Expected Return, Decision Analysis, Decision Making, and Payoff Table, Decision Making Criteria under Uncertainty, Expected Value (revisited)
- Exercises
- Theory of Regression Analysis
- Exercises
- Concluding Remarks
*.*

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