Apply monte carlo simulations to evaluate uncertainty


Assignment task:

Research on an applied case that brings the concepts learned in any chapter (or multiple) of the ones covered in this class. Make sure you read the course objectives as well as this activity's learning outcomes, and assure you satisfy at least one of them. Cite the case, add it as an attachment, and provide a write-up connecting the case with concepts learned. Master-level quality is expected.

Course objectives and Outcomes: Business modeling

Apply modeling to decision making and analysis using single variable analysis. Review of Excel Statistical, Financial and Data Management Functions.

Use Excel Data Visualization tools for decision making including the preparation and delivery of written and oral presentations.

Apply the principles of Linear regression.

Use Time Series Analysis and Regression Analysis for Forecasting along with Data Mining as tools for Predictive Analysis.

Apply Monte Carlo simulations to evaluate the impact of uncertainty on decisions.

Provides mastery of appropriate analytical tools such as decision trees, influence diagrams, correlation and regression

CO: reinforces and makes use of correlation and regression analysis to business situations.

Request for Solution File

Ask an Expert for Answer!!
Other Management: Apply monte carlo simulations to evaluate uncertainty
Reference No:- TGS03416399

Expected delivery within 24 Hours