In this course you will learn how to create models for decision making. We will start with cluster analysis, a technique for data reduction that is very useful in market segmentation. You will then learn the basics of Monte Carlo simulation that will help you model the uncertainty that is prevalent in many business decisions. A key element of decision making is to identify the best course of action. Since businesses problems often have too many alternative solutions, you will learn how optimization can help you identify the best option. What is really exciting about this course is that you won’t need to know a computer language or advanced statistics to learn about these predictive and prescriptive analytic models. The Analytic Solver Platform and basic knowledge of Excel is all you’ll need. Learners participating in assignments will be able to get free access to the Analytic Solver Platform.
Über diesen Kurs
Kompetenzen, die Sie erwerben
- 5 stars71,18 %
- 4 stars21,41 %
- 3 stars5,29 %
- 2 stars1,25 %
- 1 star0,85 %
Top-Bewertungen von BUSINESS ANALYTICS FOR DECISION MAKING
The hard part is actually having to buy the ASP :') nevertheless, i gain a very deep understanding on how i can use prescriptive analytics in everyday business. Thankyou very much !
Through this course now i m able to to understand difference in all aspects, when to use which model ,how to perform simulation and optimization using Analytic Solver Platform.
Well explained course. All excel sheets shared are very useful. It looks like I am actually woraking in a company and solving real managerial problem. Very claverly formed course
Kindly try to accommodate tools which work for everyone. It is difficult to progress without the proper functioning of the tools in this case Simulation one.
Über den Spezialisierung Advanced Business Analytics
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