My business statistics class has started at Yokohama National University.
The first exercise of the class today was making a summary of the customer inquiry data at a shopping mall.
The students (international students from 12 countries) were required to make a brief report of the data with the following consideration:
(1) Which category is the most critical, Gender, Age or type of shop?
(2) At which level do you need aggregate the original data to find the insights effectively?
(3) What is the conclusion rather than calculation results?
You do NOT have to rely on any advanced statistical techniques rather you can use simple tools such as TOTAL, AVERAGE, PERCENTAGE etc.
This is the first step for the students who want to manage business data effectively. They were really excited about the exercise.
Enjoy and study hard!
My business statistics class started at Yokohama National Univerisy for the international students from all over the world.
Just to explain some basics for the new students, I was struggling to show the level of aggregation of data in my class.
This is a concept that you need to learn for managing data itself before studying some statsitics.
Today I found the word “granularity”.
I guess it is not that common word even for English speakers but it really fits the concept.
The new semester at Yokohama National University in Japan will begin soon.
Here is an agenda of one of my programs for the international students:
Modeling with statistics and meta-data
The name of the program is a bit strange against my intention but the program is designed for the students who need to make:
(i) a story-based presentation supported by quantitative information (data, data analysis)
(ii) a survey for their business plans/presentations
The class is composed of three parts:
(1) Data management basics
(2) Data analysis techniques
(3) Application exercises (Story-making, survey arrangement)
So excited to start the extremely practical business program in April for the undergraduate students from all over the world!
IoT (Internet of Things) and BI(Business Intelligence) are recent typical buzzwords.
But many business people pay attentions to those new “epoch-making” technologies and keep investing huge amount of money to them.
In my opinion, only technologies or tools(application etc.) may not necessarily help you to resolve your business issues.
But you need a certain level of “analytical skills” to draw a meaningful result from the technology or tools.
In more specific, you need the skill to analyze the outputs which are visualized by a BI tool. A BI tool only gives you an “output” but not” conclusion”.
Likewise, those tools need an input to make an output, which the analyst needs to define.
My training programs improve such analytical skills, which cannot be replaced by any kinds of machines so far. In reality, many of my clients recognized the fact that the technology is just a tool and improved their human skills to reach better performance.
Another piano cover from the Beatles’s song, “I will” (in the white album).
This song is not that popular as other famous Beatles’ songs but the melody is extremely amazing.
The semester has just finished at Yokohama National University.
- Business logic and team consensus
- Problems solving
Good job! See you somewhere in the world!
I would be happy to give my lecture(s) of “practical” business logic making (for communication, negotiation and presentation etc.) for your company, university and many kinds of organization.
I have announced two final exams of the classes I have at Yokohama National University.
- Business Logics and Team Consensus
・Business Problem Solving Logics and Framework
Every student is assigned to a team and they still have two weeks to prepare for the final team-presentation.
I am looking forward to their excellent outputs.