BIZ-FSS Forecasting with Statistics and Simulation
Training Provider: NATIONAL UNIVERSITY OF SINGAPORE
Course Reference: TGS-2019506390
S$600
Original: S$2,000
Save S$1,400
About This Course
The broad theme of this course is forecasting when there is risk and uncertainty. The first day introduces statistical methods, including testing equality of averages as well as simple machine learning using regression. On the second day, we introduce simulation models as a way of making forecasts in complex systems with uncertainties, and show how statistical methods from Day 1 can be integrated with simulation models to generate forecasts that account for estimation uncertainty as well as risk. The course will be "case based", with the methods we discuss going hand-in-hand with real-world problems.
What You'll Learn
The broad theme of this course is forecasting when there is risk and uncertainty. The first day introduces statistical methods, including testing equality of averages as well as simple machine learning using regression. On the second day, we introduce simulation models as a way of making forecasts in complex systems with uncertainties, and show how statistical methods from Day 1 can be integrated with simulation models to generate forecasts that account for estimation uncertainty as well as risk. The course will be "case based", with the methods we discuss going hand-in-hand with real-world problems.
Course Details
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