Generate Continuous, Discrete and Categorical Data (Xs) Using Statistical Distributions
Create A Transfer Function That Relates The Xs With The Y (Dependent Variable)
Perform Monte Carlo Simulation & Sensitivity Analysis Using RStudio
In this 2-hour long project-based course, you will learn how to 1. Generate Continuous, Discrete and Categorical Data (Xs) Using Statistical Distributions 2. Create A Transfer Function That Relates The Xs With The Y (Dependent Variable) 3. Perform Monte Carlo Simulation & Sensitivity Analysis Using RStudio Note: This course works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.
In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:
Random Generation of Categories & Integers Based On Uniform, Binomial, Poission and User Defined Statistical Distributions using RStudio.
Random Generation of Continuous Data Based On Uniform, Normal, Log-normal, Exponential, Gamma and Triangular Statistical Distributions using RStudio.
Example 1: Development of a Transfer Function Linking Xs with Y, and Perform Monte Carlo Simulation
Example 2: Develop Transfer Function Using RStudio's "Function" Feature. Peform Monte Carlo Simulation.
Perform Sensitivity Analysis Using Two Approaches. (A) Sensitivity of a Transfer Function at given Xs. (B) Sensitivity Analysis over a range of Simulated Xs.
Your workspace is a cloud desktop right in your browser, no download required
In a split-screen video, your instructor guides you step-by-step
What will I get if I purchase a Guided Project?
By purchasing a Guided Project, you'll get everything you need to complete the Guided Project including access to a cloud desktop workspace through your web browser that contains the files and software you need to get started, plus step-by-step video instruction from a subject matter expert.
Are Guided Projects available on desktop and mobile?
Because your workspace contains a cloud desktop that is sized for a laptop or desktop computer, Guided Projects are not available on your mobile device.
Who are the instructors for Guided Projects?
Guided Project instructors are subject matter experts who have experience in the skill, tool or domain of their project and are passionate about sharing their knowledge to impact millions of learners around the world.
Can I download the work from my Guided Project after I complete it?
You can download and keep any of your created files from the Guided Project. To do so, you can use the “File Browser” feature while you are accessing your cloud desktop.
What is the refund policy?
Is financial aid available?
Financial aid is not available for Guided Projects.
Can I audit a Guided Project and watch the video portion for free?
Auditing is not available for Guided Projects.
How much experience do I need to do this Guided Project?
At the top of the page, you can press on the experience level for this Guided Project to view any knowledge prerequisites. For every level of Guided Project, your instructor will walk you through step-by-step.
Can I complete this Guided Project right through my web browser, instead of installing special software?
Yes, everything you need to complete your Guided Project will be available in a cloud desktop that is available in your browser.
What is the learning experience like with Guided Projects?
You'll learn by doing through completing tasks in a split-screen environment directly in your browser. On the left side of the screen, you'll complete the task in your workspace. On the right side of the screen, you'll watch an instructor walk you through the project, step-by-step.
More questions? Visit the Learner Help Center.