Data-Driven Decision Making: Stop Guessing, Start Knowing

Level: Intermediate | Tags: Analytics mindset · Decision frameworks

Course Description

Move your organization away from gut-feel leadership. This course provides rigorous, repeatable frameworks for incorporating data into strategic choices. Learn how to weigh probabilities, calculate expected value, and design business experiments (A/B tests) to validate your assumptions before committing capital or resources.

Learning Outcomes

  • Apply formal decision matrices and decision trees to complex business problems.
  • Calculate Expected Value (EV) to quantify risk and potential reward.
  • Design and interpret simple business experiments (A/B testing) to validate hypotheses.

Course Outline

  • Module 1: The Decision-Making Framework: From Intuition to Evidence
  • Module 2: Probability and Risk: Calculating Expected Value in Business
  • Module 3: Hypothesis Testing: The Basics of Business Experimentation and A/B Testing
  • Module 4: Overcoming Bias: Confirmation Bias, Sunk Costs, and Survivorship Bias

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