Hands-on prescriptive analytics optimizing your decision making with Python

Business decisions in any context—operational, tactical, or strategic—can have considerable consequences. Whether the outcome is positive and rewarding or negative and damaging to the business, its employees, and stakeholders is unknown when action is approved. These decisions are usually made under...

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Detalles Bibliográficos
Otros Autores: Paczkowski, Walter R., author (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Sebastopol, CA : O'Reilly Media, Inc 2024.
Edición:First edition
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009853630106719
Descripción
Sumario:Business decisions in any context—operational, tactical, or strategic—can have considerable consequences. Whether the outcome is positive and rewarding or negative and damaging to the business, its employees, and stakeholders is unknown when action is approved. These decisions are usually made under the proverbial cloud of uncertainty. With this practical guide, data analysts, data scientists, and business analysts will learn why and how maximizing positive consequences and minimizing negative ones requires three forms of rich information: Descriptive analytics explores the results from an action—what has already happened. Predictive analytics focuses on what could happen. The third, prescriptive analytics, informs us what should happen in the future.
Descripción Física:1 online resource (412 pages) : illustrations
ISBN:9781098153168