Results for "Decision Analysis"
Making informed decisions (part 2)

Making informed decisions (part 2)

In part 1, we saw that we could use knowledge, experience and intuition to build a model serving as a basis for making decisions. But when historical data is available, we can do more… Predictive Analytics When large amounts of historical data are available (and the...

Making informed decisions (part 2)

Making informed decisions (part 1)

We spend our lives, both personal and professional, making decisions, all day long; some without consequences, and some with long-lasting and even perhaps game-changing ones. Should I eat some Thai food for lunch, or some Japanese food? Do we make targeted offers to...

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