Data and Decisions

Course Overview

The Data and Decisions course seeks to develop your ability to analyse different types of data to make informed decisions when addressing real world problems. In this course you will develop quantitative skills that are critical for any high-performing employee or leader of any industry in an engaging and practical way.

Learn to contextualize numbers in their tangible meaning, effectively make arguments and communicate powerful insights by representing data, model real world phenomena and uncertain outcomes, and become a better decision-maker.

Core Skills:

  • Data Contextualisation
  • Uncertainty and Modelling the Real World
  • Finding Answers through Empirical Research
  • Data-based Decision-making and Ethics
  • Quantitative Problem-Solving Approach

Unit Overviews

Unit 1: Understanding and Analyzing Data
Learn how to use a framework for logical and critical thinking to guesstimate and answer market sizing questions effectively. You will also be introduced to the basics of Google Sheets and learn how to clean, organize and answer questions with data.

Unit 2: Data Journalism – Telling Stories using Data
Learn how to use an efficient data analysis process to generate data visualizations that explain real world phenomena to a particular audience. Use Tufte’s principles of information design to convey information in an effective, minimalist, and aesthetically pleasing way.

Unit 3: Making the Data Work for You
Work with information to make models and analyze trends in the world around you. Learn how to use linear programming models to find optimal solutions to problems, linear regression models to explain the relationships between different variables, and learn how to forecast for events using previous information.

Unit 4: Decision Making
In this final unit, you will learn how to use the Stanford framework (‘Cool Head, Warm Heart’) to understand the different considerations involved in making a ‘good’ decision. Review decision making tools such as decision trees and influence diagrams and learn how to use them to justify decisions you will make.

Faculty

Name: Wilhelmina Zwennes
Country: Ghana
University: Clark University, USA

Name: Edward Opoku
Country: Ghana
University: Ashesi University, Ghana