Predictive, Prescriptive Analytics for Decision Making

Learn how to build Predictive and Prescriptive Models using Numerical Data
4.14 (56 reviews)
Udemy
platform
English
language
Data & Analytics
category
Predictive, Prescriptive Analytics for Decision Making
369
students
5 hours
content
May 2021
last update
$49.99
regular price

Why take this course?

🌟 [Course Title] Predictive, Prescriptive Analytics for Decision Making 🌟

Are you ready to transform your approach to business decision-making? πŸš€ Dive into the world of Predictive and Prescriptive Analytics with our comprehensive online course at the Institute of Product Leadership. Master the art of harnessing numerical data to build models that not only predict future trends but also prescribe optimal actions for complex business scenarios.

Why You Should Take This Course πŸ“ˆ

  • Cut Through Uncertainty: Learn how prescriptive analytics can help you navigate through uncertainty, prevent fraud, limit risk, and enhance efficiency to meet your business goals.
  • Create Impact: Discover how to use analytics to create more loyal customers and drive business success.

What You'll Learn πŸŽ“

  • Data Differentiation: Grasp the nuances between Cross-sectional and Longitudinal data, and apply this knowledge to enhance your analytical strategies.
  • Scenario Planning: Differentiate between prediction and forecasting, and leverage these concepts for data-led decision-making.
  • Modeling Mastery: Explore both Parametric and Nonparametric modeling approaches to strike the right balance between predictive accuracy and model explainability.
  • "What If" Analysis: Utilize Linear Programming Projection (LPP) to build various "What if" scenarios, a cornerstone in business decision-making processes.
  • Machine Learning Foundations: Conceptualize the Gradient Descent Algorithm, which is the bedrock for many popular machine learning algorithms.

Top Skills You Will Master πŸ› οΈ

  • Predictive & Prescriptive Modeling: Develop robust models using numerical data to drive strategic business decisions.
  • Time-Series Forecasting: Anticipate future trends with precision and accuracy through time-series analysis.
  • Optimization Through Linear Programming: Learn to solve optimization problems with linear programming techniques.
  • Gradient Descent in Machine Learning: Understand the applications and significance of Gradient Descent in machine learning algorithms.
  • Strategic Framework for Decisions: Equip yourself with a framework that guides you in making sound business decisions based on data insights.

Who Should Enroll? πŸ‘©β€πŸ’ΌπŸ‘¨β€πŸ’» This course is designed for:

  • Individuals with 1-8 years of work experience.
  • Engineers, Mathematicians, Statisticians, and Programmers.
  • Project Managers, Business Analysts, Consultants.
  • Entrepreneurs looking to leverage data analytics in their business strategy.
  • Professionals with an engineering background and a keen interest in Data Analytics.

Your Pathway to Success πŸ›£οΈ Join the ranks of professionals who are adept at predictive and prescriptive analytics. With our expert-led course, you'll gain the skills to make informed decisions that drive business growth and innovation. Enhance your career trajectory by becoming a data-driven leader in your field!

Don't miss out on this opportunity to elevate your analytical capabilities. Sign up for Predictive, Prescriptive Analytics for Decision Making today and step into a future where data informs decisions that define success! πŸŽ“βœ¨

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udemy ID
03/05/2021
course created date
22/05/2021
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