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Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Business Analytics
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(as of Jan 17,2025 11:54:23 UTC – Details)
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ASIN : 130594741X
Publisher : Cengage Learning; 8th edition (January 1, 2017)
Language : English
Hardcover : 864 pages
ISBN-10 : 9781305947412
ISBN-13 : 978-1305947412
Item Weight : 3.7 pounds
Dimensions : 8.25 x 1.5 x 10.25 inches
In today’s data-driven world, businesses are constantly seeking ways to analyze and make informed decisions based on their data. One of the most powerful tools in a business analyst’s toolkit is spreadsheet modeling and decision analysis.
In our post, “Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Business Analytics,” we will explore the basics of spreadsheet modeling and decision analysis, and how they can be used to drive business success.
Spreadsheet modeling involves creating mathematical models using spreadsheet software such as Microsoft Excel to analyze and solve complex business problems. These models can range from simple budgeting and forecasting tools to more advanced optimization and simulation models.
Decision analysis, on the other hand, is a systematic approach to making decisions based on quantitative analysis and logic. By using decision trees, probability analysis, and sensitivity analysis, businesses can evaluate different decision options and choose the best course of action.
Together, spreadsheet modeling and decision analysis provide a powerful framework for businesses to analyze data, make informed decisions, and drive strategic growth.
Stay tuned for our upcoming post on how to apply these techniques in real-world business scenarios and unlock the full potential of your data.
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