Putting Data to Work - Analyses of Past, Present and Forecast of Business Training


How can you put data to work for you?

How can numbers be used to tell you about the present and future of business activities?

This course answers these questions with quantitative models. Candidates will understand the fundamentals of this critical business skill.

Through a series of short lectures, demonstrations, candidates will learn the key ideas with which they can begin to create their own models for an enterprise. Candidates will handle a variety of building blocks that will allow them to start structuring own models.


5 Days

Who Should Attend?

This course targets employees in the all department , managers, and all supervisors in all departments.

Course Content

Introduction & Overview

  • Course Introduction
  • Definition and Uses of Models, Common Functions
  • How Models Are Used in Practice
  • Key Steps in the Modeling Process
  • A Vocabulary for Modeling
  • Mathematical Functions.

Day Two

  • Linear Models and Optimization
  • Introduction to Linear Models and Optimization
  • Growth in Discrete Time
  • Constant Proportionate Growth
  • Present and Future Value
  • Optimization.

Day Three

  • Probabilistic Models
  • Introduction to Probabilistic Models
  • Examples of Probabilistic Models
  • Probability Trees
  • Monte Carlo Simulations
  • Markov Chain Models

Day Four

  • Building Blocks of Probability Models
  • The Bernoulli Distribution
  • The Binomial Distribution
  • The Normal Distribution
  • The Empirical Rule.

Day Five

  • Regression Models
  • Introduction to Regression Model
  • Use of Regression Models
  • Interpretation of Regression Coefficients
  • R-squared and Root Mean Squared Error (RMSE)
  • Fitting Curves to Data
  • Multiple Regression
  • Logistic Regression.


The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.


Upon successful completion of this training, participants will be issued with an Livecode Technologies Limited certificate.


The training is residential and will be held at livecodeTraining Centre. The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.


Accommodation is arranged upon request. For reservations contact the Training Officer.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it..

Mob: +254 725771853

Training Fees

The course fees is KES 65,000.00 or USD 1000.00 exclusive of VAT. The course fees covers the course tuition, training materials, two (2) break refreshments, lunch and study visits. Participants will cater for their travel and accommodation costs.


Payment should be transferred to Livecode Technologies account through bank on or before the training date.

Send proof of payment to This email address is being protected from spambots. You need JavaScript enabled to view it.


Payment for the all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

  1. Participants may cancel attendance 14 days or more prior to the training commencement date.
  2. No refunds will be made 14 days or less to the training commencement date. However, participants who are unable to attend may opt to attend a similar training at a later date, or send a substitute participant provided the participation criteria have been met

Please Note: The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

Event Properties

Event Date 05-20-2024 8:00 am
Event End Date 05-24-2024 5:00 pm
Registered 0
Cut off date 05-16-2024
Individual Price $1,000
Location Nairobi, Kenya
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Nairobi Office: GTC Building Complex, 2nd floor

P.O BOX 21567-00100

Official: info@livecodetech.co.ke

Westlands,    Nairobi, Kenya

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