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.
About this Course
Approx. 11 hours to complete
Approx. 11 hours to complete
University of Colorado Boulder
CU-Boulder is a dynamic community of scholars and learners on one of the most spectacular college campuses in the country. As one of 34 U.S. public institutions in the prestigious Association of American Universities (AAU), we have a proud tradition of academic excellence, with five Nobel laureates and more than 50 members of prestigious academic academies.
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TOP REVIEWS FROM BUSINESS ANALYTICS FOR DECISION MAKING
The instructor is great. However, I would like to know the solutions for the exam. I sometimes pass the exam but struggle with certain questions but had no clue how to resolve it.
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.
Very interesting subject with a good instructor. I'd like to be able to cover the content in more detail, but it was a good introduction to optimization theory.
This course provides a brilliant overview of Business Analytics problems. Bit more details about the underlying mathematical techniques used would be helpful.
Loved the optimization concepts, and the various industry examples provided because it opened my eyes to how it applies to my industry (higher education).
Great learning opportunity Through Mr. Laguna its an outstanding way of bringing the classes for our business processes right at the desktop for our e
Interesting course, but it just scratches the surface of a very deep subject. It inspired me to learn more and understand the math better.
Very informative course. The only downside is about the tool not easy to be used and replicate on Mac machines.
About the Advanced Business Analytics Specialization
Frequently Asked Questions
When will I have access to the lectures and assignments?
Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
What is the refund policy?
Is financial aid available?
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