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.
Acerca de este Curso
Habilidades que obtendrás
- 5 stars71,20 %
- 4 stars21,37 %
- 3 stars5,30 %
- 2 stars1,25 %
- 1 star0,85 %
Principales reseñas sobre BUSINESS ANALYTICS FOR DECISION MAKING
It was really awesome course. It was fun learning about business analytics for decision making through the course. I learned how to make use omathematical functions to make successful decision.
Training course was very useful in decision making with analytical tools to cope up with risk analysis, data optimization, evaluating scenarios, binary model decision making etc.
This course provides a brilliant overview of Business Analytics problems. Bit more details about the underlying mathematical techniques used would be helpful.
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.
Acerca de Programa especializado: Advanced Business Analytics
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