Management
How to Calculate Conditional Probability for Decision Making
You will learn how to…
- Assess the effects of your decisions based on conditional probability
- Evaluate options using the decision tree
- Make and implement managerial decisions
- Collect and analyze information for decision-making
What is this course about?
After completing this Eduson.tv mini-course, you will learn what conditional probability in business is and will be able to think through your actions, anticipating the end result in advance. You will learn how to use decision trees after going through several examples. You will start using these techniques in your work and will be confident that you have considered all possible scenarios, calculated all possible benefits, and taken into consideration all of the decisions you will have to make. Complete the Eduson.tv thematic mini-course and start thinking strategically.
Who is this course for?
- Managers at all levels
- Risk managers
- Analysts
- Entrepreneurs