Managerial Decision Analytics Assignment

135 views 10:17 am 0 Comments June 30, 2023

Many organisations use Business Analytics to explore data, discover patterns and solve critical business problems. This assignment is designed to allow you to demonstrate that you can effectively analyse and solve a business problem and then provide recommendations to the organisation. As a minimum requirement each group must demonstrate the implementation of a major analytical technique from each type of business analytics in their reports:

  • Descriptive analytics (e.g., Descriptive Statistics and/or Descriptive Data Mining)
  • Predictive analytics (e.g., Regression Modelling, Monte Carlo Simulation, Time Series Analysis & Forecasting, and/or Predictive Data Mining)
  • Prescriptive analytics (e.g., Linear Programming, Integer Linear Programming, Nonlinear Programming, and/or Monte Carlo Simulation)
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