Certificate in Statistical Methods for Decision Making

Statistics play a vital role in the decision-making process by enabling us to establish numerical benchmarks, on one hand, and monitor and evaluate the progress of a policy, on the other. This has a two-way impact on the business, it helps in ensuring that policies are meeting the initial aims and identifies any areas which require improvement. A statistical analyst can identify the key metrics that drive the organization and how to measure them. They are skilled in techniques that enable the decision-makers to spot trends and patterns. The Certificate in Statistical Methods for Decision Making is brough to you by Mr. Amrit Ratnabham, in association with Enhelion. It provides a basic understanding of the use of inferential method called ‘hypothesis test’ and evaluates a hypothesis using the goodness-of-fit test. It further provides a detailed discussion of various types of t-tests (one sample, two sample and paired sample) and their significance in statistical decision making.  

WHAT WILL SET YOU APART?

The certificate programme will enable you to-

• Get a better understanding of the topics by being mentored by various practicing people, who also form a part of core Enhelion team
• Get lifetime access to the recorded lectures which are stored in Enhelion’s database for any future reference
• Interact with the Enhelion team on one-to-one basis at various intervals
• Get assessed on the basis of online examination as well as online submission of assignment

The curriculum has been designed to provide a basic understanding of how to analyse the evidence that data provide and to make decision based on data. It further identifies the conditions which must be satisfied when using the chi square test.

The following modules are covered under the course-

• Module 1: Hypothesis testing
• Module 2: Chi square
• Module 3: One sample t test
• Module 4: Two sample t test
• Module 5: Paired sample t test
• Module 6: One-way analysis of variance

Mr. Amrit Ratnabham is a specialized data science/ advanced analytics professional. He has more than 5 years of corporate experience in the data science domain. He is working as an assistant manager - advanced analytics in the travel/hospitality domain. Previously he has worked with American Express & Cognizant Technology Solution as a data scientist. He holds a master’s degree in analytics from Delhi University. He has done his B. Tech in chemical engineering from the National Institute of Technology (NIT) Calicut. He is also a specialized data science trainer having more than two and a half years of experience in delivering end to end training on statistics & machine learning. In his spare time, Amrit likes to participate in various ML hackathon or solve some strategy related problem. 

In every walk of life, the process of evaluation takes place in one form or the other. If the evaluation process is eliminated from human life, then perhaps the aim of life may be lost. Being in the same line, Enhelion is committed to evaluate the process of learning through its courses.

The evaluation will be conducted in a two-fold manner. There will be one MCQ test which would test the basic understanding on the topics covered in the course. Furthermore, there will be one Project Assignment, which would test the analytical understanding of the same.

The most intriguing aspect of the evaluation process is the time flexibility it affords. You can take the MCQ test and submit the project assignment as per your convenience.

To be eligible to receive a certificate after successful completion of the course, one is required to secure a minimum of 40 percent overall.

Mr. Amrit Ratnabham is a specialized data science/ advanced analytics professional. He has more than 5 years of corporate experience in the data science domain. He is working as an assistant manager - advanced analytics in the travel/hospitality domain. Previously he has worked with American Express & Cognizant Technology Solution as a data scientist. He holds a master’s degree in analytics from Delhi University. He has done his B. Tech in chemical engineering from the National Institute of Technology (NIT) Calicut. He is also a specialized data science trainer having more than two and a half years of experience in delivering end to end training on statistics & machine learning. In his spare time, Amrit likes to participate in various ML hackathon or solve some strategy related problem.