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Introduction to Probability Management

Introduction to Probability Management

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Created by Li Ma
12 weeks
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What you'll learn

Master these skills and apply them to real-world projects.

How to recognize theFlaw of Averages,a set of systematic errors that occur when uncertainties are represented by single numbers, usually an average. It explains why so many projects are behind schedule, beyond budget, and below projection.
TheArithmetic of Uncertainty, which performs calculations with uncertain inputs, resulting in uncertain outputs from which you can calculate true average outcomes and the chances of achieving specified goals.
How to createInteractive Simulationswhich may be shared with any Excel user without the need for add-ins or macros. The approach is just as at home in R, Python or any programming environment that supports arrays.

Course curriculum

2 sections · 4 lessons

2 Sections
4 Lessons
0 Reviews
1 Students
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About this course

Course description

Meet your instructors

Learn from industry experts

L

Li Ma

A

Alejandro Vergara

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