Hands-on Data Science

The Decision Analysis Toolbox

Course Description:

Master the art of decision analysis in our intensive 2-day course. Learn how to structure complex decisions, apply probabilistic reasoning, and utilize decision trees and influence diagrams. Our experienced instructors will provide a series of practical exercises using real government scenarios, empowering you to make more informed and effective decisions in your role.

 

Syllabus:

  1. Foundations of Decision Analysis: Understanding the principles of structuring complex decisions and the basics of probabilistic reasoning.
  2. Decision Trees and Influence Diagrams: Instruction on constructing and utilizing decision trees and influence diagrams for clear decision visualization.
  3. Practical Exercises in Decision Analysis: Hands-on exercises using real government scenarios to apply learned techniques for informed decision-making.
  4. Advanced Decision Analysis Strategies: Exploring advanced topics and strategies in decision analysis to enhance decision quality in complex situations.

Prerequisites:

  • There are no prerequisites for this course.

Grading Policy:

  • 2 exams
  • 1 capstone project

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