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Statistics – Finding the Easy Button! An ACEware Webinar

Statistics – Finding the Easy Button! An ACEware Webinar

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Page 1: Statistics – Finding the Easy Button! An ACEware Webinar

Statistics – Finding the Easy Button!

An ACEware Webinar

Page 2: Statistics – Finding the Easy Button! An ACEware Webinar

With

Chuck Havlicek Lauri Thompson

Page 3: Statistics – Finding the Easy Button! An ACEware Webinar

Today’s Agenda

• The importance of data

• “ “ “ codes

• Finding them that are & aren’t

• Deadbeat Reports

• Top Dogs!

• Our Favorite Statistical Reports

• Summary & Questions

Page 4: Statistics – Finding the Easy Button! An ACEware Webinar

This Webinar Could Have Been Titled

• Envisioning the Future – Finding Trends by Examining Data

• Data Driven Project Management

• How Statistics Changed My Life

• Inferential Statistics Rock!

Page 5: Statistics – Finding the Easy Button! An ACEware Webinar

You’re probably not psychic and you don’t want to guess . . .

You need Help to spot

trends

Page 6: Statistics – Finding the Easy Button! An ACEware Webinar

You DO have help…

Page 7: Statistics – Finding the Easy Button! An ACEware Webinar

Back to the Drawing board…

•Will

•Way

•Wanda

Good Statistics start with the three W’s

…. Not a WWW… but..

Page 8: Statistics – Finding the Easy Button! An ACEware Webinar

How can I get my staff to capture the data?

• The Hawthorne Effect..

• Shine your little light on me…

Page 9: Statistics – Finding the Easy Button! An ACEware Webinar

Free, New Report just for attending today!

Performance Monitoring / Tracking Code Collection

Deadbeat – Additional Reports

Regs X Creator %age Track

To get your copy, go to www.aceware.com

Student Manager ResourcesReports

(Customer Log-on Required)

Page 10: Statistics – Finding the Easy Button! An ACEware Webinar

It’s all about the codes…

• A Code by any other name….

• Codes on the…– Name Record– Course Record– Registration Record

Page 11: Statistics – Finding the Easy Button! An ACEware Webinar

DEADBEAT REPORTS(Chuck’s favorites!)

Page 12: Statistics – Finding the Easy Button! An ACEware Webinar

Deadbeat Statistical Reports..

AccountingSpecial 1-Reg/1-Line (Deadbeat)

Additional Reports

Half-Life Rept 9-wk (JDI)First Time Enrollee First Course RegistrationLERN Life HistXyr 00-09 Prior Year Growth – YearCode Analyzer

Page 13: Statistics – Finding the Easy Button! An ACEware Webinar

Half-Life

Amount of time prior to course begin date when registrations arrived. Particularly useful for conference planning.

Answers the question: We’re six weeks from the conference – based on years past, how many more registrations can we traditionally anticipate? Or: How bad are pre-registrations (relative to last year) at NN weeks before the program?

Page 14: Statistics – Finding the Easy Button! An ACEware Webinar

First Time Enrollees

Summarizes all registrations and singles out those that are first time enrollees

Answers the question: How many new students did we attract during the time period of ???

Page 15: Statistics – Finding the Easy Button! An ACEware Webinar

First Course Registration

Can we identify seminal courses.. That tend to generate the most follow up registrations

Answers the question: What courses will generate the most long term revenue (through students taking more classes)?

Page 16: Statistics – Finding the Easy Button! An ACEware Webinar

Life History

Given a sample of students (from a quarter, from a class, frome ??), what were their attendance history in the time(s) before and after that sample time frame?

Answers the questions: What was the past registration history of a group? How long are we keeping students around (to enroll in subesequent terms?)

Page 17: Statistics – Finding the Easy Button! An ACEware Webinar

Prior Year Growth ( also by Quarter or Month)

Compares current registrations to previous year(s)

Answers the question: How are we doing this (year? Quarter? Month? ) compared to prior years?

Page 18: Statistics – Finding the Easy Button! An ACEware Webinar

Code Analyzer Uses a combination of JustDoIt and CODEREPT to analyze multiple code groups based on a name criteria (ie: zip code.)

Answers the question: What are the characteristics (based on selected Codes.) of particular geographic/demographic groups. Ie: Would an Italian Cooking course have enough interest on the north side of Kansas City?

…. For the Advanced Statistics Guru…

Page 19: Statistics – Finding the Easy Button! An ACEware Webinar

Name Statistical Reports (Including Top Dog)

Statistics Names

Demographic SummaryPerformance Summary

Page 20: Statistics – Finding the Easy Button! An ACEware Webinar

TOP DOGS!

Page 21: Statistics – Finding the Easy Button! An ACEware Webinar

Top Dog Names (& Firms!)

Reports / Statistics / Names / Performance Sorting

Can be sorted by• Money• Courses Taken• CEUs Earned• Class Hours• Credits Earned

Page 22: Statistics – Finding the Easy Button! An ACEware Webinar

Top Dog Courses

Reports / Statistics / Course / Performance Sorting

Can be sorted by• Total Due• Total Paid• Outstanding Balance• Net Income

Page 23: Statistics – Finding the Easy Button! An ACEware Webinar

Demographic SummariesReports / Demographics / Names / Demographic Summary

Statistical Reports:

Page 24: Statistics – Finding the Easy Button! An ACEware Webinar

Why would you run demographic summaries?

• To determine # of students with specific interest codes

• How far are your students traveling?• Should you put a stack of free brochures in the

library in the next county?

Page 25: Statistics – Finding the Easy Button! An ACEware Webinar

Course Data SummariesReports / Statistics / Course /

Course Data Summary

Page 26: Statistics – Finding the Easy Button! An ACEware Webinar

Why would you run course data summaries?

• In what types of courses were your registrations?

• Which coordinator is running the most profitable courses?

• Course capacity• Do classes make more often on Monday or

Saturday?

Page 27: Statistics – Finding the Easy Button! An ACEware Webinar

Participants

Page 28: Statistics – Finding the Easy Button! An ACEware Webinar

Statistics / Tracking Code

Reports / Statistics / Tracking Code (Brochure)

Answers the question: How well did a specific marketing effort succeed?

Page 29: Statistics – Finding the Easy Button! An ACEware Webinar

Let us not forget . . .

Page 30: Statistics – Finding the Easy Button! An ACEware Webinar
Page 31: Statistics – Finding the Easy Button! An ACEware Webinar

A chain will break at it’s weakest link.

Page 32: Statistics – Finding the Easy Button! An ACEware Webinar

Find and fix your weakest link to improve the overall strength of your program

Page 33: Statistics – Finding the Easy Button! An ACEware Webinar

Questions? Comments?

Upcoming Webinars:

Promoting your Website March 26th, 10:30 am CST

Reporting Tips and Tricks June 2nd 10:30 am CST

ACEware Regional Meetings:May 5-6th Las Vegas

May 19-20th San Antonio

Don’t Forget….