Modeling Risk and Realities

Modeling Risk and Realities

Course
en
English
Subtitles available
4 h
This content is rated 0 out of 5
Source
  • From www.coursera.org
Conditions
  • Self-paced
  • Free Access
  • Fee-based Certificate
More info
  • 4 Sequences
  • Introductive Level
  • Subtitles in Portuguese

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Course details

Syllabus

  • Week 1 - Week 1: Modeling Decisions in Low Uncertainty Settings
    This module is designed to teach you how to analyze settings with low levels of uncertainty, and how to identify the best decisions in these settings. You'll explore the optimization toolkit, learn how to build an algebraic model using an advertising example, ...
  • Week 2 - Week 2: Risk and Reward: Modeling High Uncertainty Settings
    What if uncertainty is the key feature of the setting you are trying to model? In this module, you'll learn how to create models for situations with a large number of variables. You'll examine high uncertainty settings, probability distributions, and risk, com...
  • Week 3 - Week 3: Choosing Distributions that Fit Your Data
    When making business decisions, we often look to the past to make predictions for the future. In this module, you'll examine commonly used distributions of random variables to model the future and make predictions. You'll learn how to create meaningful data vi...
  • Week 4 - Week 4: Balancing Risk and Reward Using Simulation
    This module is designed to help you use simulations to enabling compare different alternatives when continuous distributions are used to describe uncertainty. Through an in-depth examination of the simulation toolkit, you'll learn how to make decisions in high...

Prerequisite

None.

Instructors

Sergei Savin
Associate Professor of Operations, Information and Decisions
The Wharton School

Senthil Veeraraghavan
Associate Professor of Operations, Information and Decisions
The Wharton School

Editor

The University of Pennsylvania (commonly known as Penn), founded in 1740, is a private university located in Philadelphia, Pennsylvania, USA. A member of the Ivy League, Penn is the fourth oldest institution of higher learning in the United States and considers itself the first university in the United States to offer both undergraduate and graduate degrees.

Platform

Coursera is a digital company offering massive open online course founded by computer teachers Andrew Ng and Daphne Koller Stanford University, located in Mountain View, California. 

Coursera works with top universities and organizations to make some of their courses available online, and offers courses in many subjects, including: physics, engineering, humanities, medicine, biology, social sciences, mathematics, business, computer science, digital marketing, data science, and other subjects.

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