Business Analytics Theories
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Agent-Based Modeling
Agent-Based ModelingHow do I perform risk analysis on multiple autonomous agents, each assessing a situation and making decisions? -
Analysis of Variance (ANOVA)
Analysis of Variance (ANOVA)How do I know if three or more groups are different from one another? -
Chi Square
Chi SquareHow do I know if there is a difference between the frequency of events observed? -
Descriptive Statistics
Descriptive StatisticsHow can we summarize a set of data with a few basic measurements? -
Discrete Events Simulation
Discrete Events SimulationHow do I perform risk analysis while modelling a system for a sequence of events in time? -
Hypothesis Testing
Hypothesis TestingHow can I test assumptions about a population with data? -
Monte Carlo Simulation
Monte Carlo SimulationHow do I perform risk analysis by building models that incorporate uncertainty? -
Multi-Objective and Goal Programming
Multi-Objective and Goal ProgrammingHow do I find the best solution when there are multiple objectives for a problem? -
Optimization
OptimizationHow can I make the best decision for a problem, given restricted resources? -
Regression
RegressionHow can I identify the strength and character of the relationship between variables? -
Sampling
SamplingHow can I select a small group of data which is representative of the larger set? -
Time Series Forecasting
Time Series ForecastingHow can I use historical time-stamped data to make predictions of the future?
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