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.
À propos de ce cours
Compétences que vous acquerrez
- 5 stars71,14 %
- 4 stars21,48 %
- 3 stars5,25 %
- 2 stars1,25 %
- 1 star0,85 %
Meilleurs avis pour BUSINESS ANALYTICS FOR DECISION MAKING
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.
This course is really helpful if you want to apply statistics learnt in college to real word examples. Making data models using excel was really a learning experience.
A good learning Platform and i have learned so many parameters and easy way to optimize Data with this course. Very happy to taken this course before and after.
Learnt a lot of new things and also a very good revision of already known things. The Prof explains everything in detail with adequate examples and illustrates the same in the software.
À propos du Spécialisation Advanced Business Analytics
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