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decision theory course

decision theory course
4 to 360 hours flexible workload
valid certificate in your country

What will I learn?

Gain practical skills in decision theory by constructing payoff matrices, modelling costs, prices, and capacity, and calculating expected monetary value, utility, and non-probabilistic metrics. Utilise macro and market data for probability estimation, conduct sensitivity and break-even analyses, and convert intricate risk assessments into succinct, actionable strategies featuring clear warnings and evidence-based actions.

Elevify advantages

Develop skills

  • Build decision models with payoff matrices to evaluate strategies amid uncertainty.
  • Perform risk assessments via EMV, utility calculations, and sensitivity testing for robust choices.
  • Derive probabilities from macro and market data to simulate demand scenarios accurately.
  • Model profits by integrating price, cost, capacity, and demand forecasts.
  • Formulate executive summaries with data-driven options, explicit risks, and next steps.

Suggested summary

Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.
Workload: between 4 and 360 hours

What our students say

I was just promoted to Intelligence Advisor for the Prison System, and the course from Elevify was crucial for me to be chosen.
EmersonPolice Investigator
The course was essential to meet the expectations of my boss and the company I work for.
SilviaNurse
Great course. Lots of valuable information.
WiltonCivil Firefighter

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