Abhi Gupta 17 June 2021 ASQ VIRTUAL Presentation – 6PM

Abhimanyu (Abhi) Gupta, Instructor of data science and business analytics at the Richard A. Chaifetz School of Business at Saint Louis University

Thursday, June 17, 2021 VIRTUAL 6PM Presentation

Data Analytics, Information and Knowledge

There is a difference between information and knowledge. Knowledge is the information that helps us act better. In our life or business, we usually have access to a lot of information, but we sometimes struggle to convert them into knowledge. The discipline of data analytics guides us in converting information into patterns and insights in the current world. 

This workshop aims to demonstrate how some basic data analytics skills help us make better decisions in our business and life. In this session, we will first play a business simulation game. Then we will apply some fundamental data analytics concepts and techniques to learn how we can perform better. Lastly, we will apply our strategies to be better at the simulation game.

You live in Manhattan, New York, and own a food truck for bagels. Every morning you make bagels and take them to one of the seven famous spots to sell. The spots are Madison Square Garden, Central Park, Time Square, Empire State Building, Freedom Tower, Wall Street, and Brooklyn Bridge. Note that you can go to only one spot in a day.

A bagel costs 50 cents to make and you sell them for $2.50. Each morning you make two difficult decisions: 

1. How many bagels I should make today? 
2. Where should I sell today?

You have 30 days to figure out what your best strategy is. 

Abhimanyu (Abhi) Gupta

Instructor of data science and business analytics at the Richard A. Chaifetz School of Business at Saint Louis University

He has a Master of Statistics (M.Stat.) degree from the Indian Statistical Institute and is currently pursuing a Ph.D. in Information Systems at Ghent University, Belgium. Abhi also is a mentor and supervisor of the MBA students in their industry-focused practicum projects. ​Abhi loves listening to music, reading non-fiction books, and learning about artificial intelligence. He hates traveling and parties. In summary, he is a nerd.

ASQ St. Louis Section Monthly VIRTUAL Presentation
Thursday, June 17, 2021
6:00 PM – 07:00 PM Central

Register today for the next ASQ St. Louis Section VIRTUAL Presentation at