- #ANALYTIC SOLVER PLATFORM FOR EDUCATION HOW TO#
- #ANALYTIC SOLVER PLATFORM FOR EDUCATION SOFTWARE#
In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. There is a new case on Drout Advertising Research.Data analysis is a process of inspecting, cleansing, transforming, and modelling data with the goal of discovering useful information, informing conclusions, and supporting decision-making.More problems have been added at the end of every chapter.The updated design strikes a better balance between the text and the image size.Screenshots throughout the text are updated for Excel ® 2013.A special version of the Gurobi Solver-the ultra-high-performance linear mixed-integer optimizer created by the respected computational scientists at Gurobi Optimization.Stephen Powell and Ken Baker (Sensitivity Toolkit), and Prof. New integrated sensitivity analysis and decision tree capabilities, developed in cooperation with Prof.Ability to solve optimization models with uncertainty and recourse decisions, using simulation optimization, stochastic programming, robust optimization, and stochastic decomposition.Premium Solver Platform, a large superset of Premium Solver and by far the most powerful spreadsheet optimizer, with its PSI interpreter for model analysis and five built-in Solver Engines for linear, quadratic, SOCP, mixed-integer, nonlinear, non-smooth and global optimization.XLMiner-This program is a data mining add-in for Excel.Risk Solver Pro-This program is a tool for risk analysis, simulation, and optimization in Excel.
Integrated throughout the book, Frontline Systems’ Analytic Solver Platform for Education Excel add-in software provides a comprehensive basis to learn business analytics effectively, with real-world career value. Frontline is used at over 7,500 companies. Data Sets and Excel Models-these files are used in examples and problems and are available to students at /evans.Ĭomplete Software Support: While many different types of software packages are used in Business analytics applications in industry, this book uses Microsoft Excel 2013and Frontline Systems’ powerful Excel add-ins, Risk Solver Platform and XLMiner, which together provide extensive capabilities for business analytics. Integrated Case-this case encourages students to think independently and apply the tools at a higher level of learning. 
End-of-Chapter Problems and Exercises-these problems and exercises help to reinforce the material covered through the chapter. Key terms and their definitions are contained in the Glossary at the end of the book. Key Terms- these words are bolded within the text and listed at the end of each chapter to assist students as they review the chapter and study for exams. Learning Objectives-this feature lists the goals students should be able to achieve after studying the chapter. 
Analytics in Practice-this feature describes real applications in business. Numbered Examples-these numerous, short examples appear throughout all chapters, illustrating key concepts and techniques. In-text features aid in student understanding: Chapter 18 focuses on philosophies, tools, and techniques of decision analysis. Chapters 13 through 17 explore linear, integer, and nonlinear optimization models and applications including optimization with uncertainty. Chapters 8 through 12 develop approaches for building and analyzing predictive models, applying regression and forecasting techniques, simulation and risk analysis, and an introduction to data mining. Chapters 3 through 7 focus on the fundamental tools and methods of data analysis and statistics, focusing on visual representations of data, descriptive statistical measures, probability distributions and data modeling, sampling and estimation, and statistical inference. The first two chapters provide the basic foundations needed to understand business analytics and Microsoft Excel, and show students how to manipulate data and develop simple spreadsheet models.
Part 1: Foundations of Business Analytics. Ĭontent is organized into five parts to guide students through the information: Management and Organisational Behaviourīusiness Analytics, Global Edition, 2nd Edition. Training and support for digital products. 
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