Business analytics in action

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Reference no: EM133450209

Business Analytics in Action: Decision Analysis Part I: Decision analysis is the study of how people make decisions, particularly when faced with imperfect or uncertain information, as well as a collection of techniques to support decision choices. Read the Analytics in Practice: Using Decision Analysis in Drug Development (Evans, pp. 626-627) and the posted articles.

1. Applying insights from this profile and posted articles, what did you learn about decision analysis?

2. Modeling after one of the above profile highlights, how would you apply decision analysis in your personal or professional life? Alternatively, research and report on another decision analysis application.

Reference no: EM133450209

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Business analytics in action : Business Analytics in Action: Decision Analysis Part I: Decision analysis is the study of how people make decisions, particularly when faced with imperfect
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