SK
5.0Reviewed Sep 8, 2020
Learnt how to use the analytic business solver in Excel and apply it to business problems. Learnt other models too along with practical implementations to real world problems. Thank you!
Business Analytics for Decision Making
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.
Status: Risk Analysis
Status: Predictive Analytics
BeginnerCourse9 hours
Featured reviews
NS
5.0Reviewed May 30, 2020
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.
JJ
5.0Reviewed Jul 18, 2020
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.
SS
5.0Reviewed May 27, 2020
I would like to recommend this course to the business analyst aspirants. It is really intriguing and helps to develop analytical skills. The examples and assignments are perfect to train a beginner.
HM
5.0Reviewed May 16, 2020
Awesome pedagogy and syllabus of the course. Learnt a lot of new concepts, practiced them and understood through a series of case study analysis and quizzes. Great.. !!
NH
5.0Reviewed Jul 11, 2017
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.
EA
5.0Reviewed Jan 17, 2021
The course is fantastic! I love the way the tutor explained everything. The information was clear, useful and interesting. I enjoyed the course and completely satisfied.
GG
5.0Reviewed Apr 18, 2020
A very effective course with lectures that helped in understanding the concepts a lot better with really good examples and pratical problem intrepretations.
PA
5.0Reviewed Aug 11, 2020
I think this is a practical and insightful course for understanding what business analysis is and how models apply in realily by providing useful and familiar examples. Highly recommend this course
KR
4.0Reviewed Jul 17, 2019
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.
MG
4.0Reviewed Nov 17, 2020
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 !
ER
5.0Reviewed Jun 13, 2020
this course helped me to learn decision making througu descriptive predictive prescriptive analysis and optimization models , how to build simulation optimization