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Matlab for Prescriptive Analytics

 14 Hours
Prescriptive analytics is a branch of business analytics, together with descriptive and predictive analytics. It uses predictive models to suggest actions to take for optimal outcomes, relying on optimization and rules-based techniques as a basis for decision making. In this instructor-led, live training, participants will learn how to use Matlab to carry out prescriptive analytics on a set of sample data. By the end of this training, participants will be able to:
  • Understand the key concepts and frameworks used in prescriptive analytics
  • Use MATLAB and its toolboxes to acquire, clean and explore data
  • Use rules-based techniques including inference engines, scorecards, and decision trees to make decisions based on different business scenarios
  • Use Monte Carlo simulation to analyze uncertainties and ensure sound decision making
  • Deploy predictive and prescriptive models to enterprise systems
Audience
  • Business analysts
  • Operations planners
  • Functional managers
  • BI (Business Intelligence) team members
Format of the course
  • Part lecture, part discussion, exercises and heavy hands-on practice
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