Comments
Price
$49
Course Type
Online
Duration
1 hour
Date
Various dates throughout the year
Entry Requirements
Expert Level
About this course
"What will be the stock price tomorrow?"
"How many customer orders will we receive?"
"What is the chance our project will finish on time?"
To answer those questions, you need a tool to model and then predict the future.
In this course, we show you how to better predict the future, make more profits and advance your career by using Microsoft Excel!
The course will teach you:
- How to model a coin-toss type of events: Will Red Sox win the next game? Will Apple Stock go up or down?
- How to model a random quantity: project completion time, stock portfolio value etc..
- Some most useful statistical distributions in business, such as the normal distribution
- How to use uncertainties to your advantage and make optimal business decisions
You will discover the huge untapped potential by learning to simulate uncertain quantities (demand, stock prices, time...) and use them to make better business decisions - and more money - today!
What are the requirements?
- You need to have some understanding about random events such as coin tosses, throwing a dice, stock price changes etc..
What am I going to get from this course?
- Over 8 lectures and 30 mins of content!
- Simulate random events in business such as demand flutuations or stock price movements
- Incorporate simulation in making strategic decision under uncertain environment, and therefore make better decisions (and money too!)
- Intelligently predict the future with a statistical distribution (instead of a point forecast)
What is the target audience?
- Professionals and managers that deal with uncertain environments such as the stock market
