{"product_id":"hands-on-prescriptive-analytics-optimizing-your-decision-making-with-python-9781098153175","title":"Hands-On Prescriptive Analytics: Optimizing Your Decision Making with Python","description":"\u003cp\u003eBusiness decisions in any context--operational, tactical, or strategic--can have considerable consequences. Whether the outcome is positive and rewarding or negative and damaging to the business, its employees, and stakeholders is unknown when action is approved. These decisions are usually made under the proverbial cloud of uncertainty. \u003c\/p\u003e\u003cp\u003e With this practical guide, data analysts, data scientists, and business analysts will learn why and how maximizing positive consequences and minimizing negative ones requires three forms of rich information: \u003ci\u003eDescriptive analytics\u003c\/i\u003e explores the results from an action--what has already happened. \u003ci\u003ePredictive analytics\u003c\/i\u003e focuses on what could happen. The third, \u003ci\u003eprescriptive analytics\u003c\/i\u003e, informs us what should happen in the future. \u003c\/p\u003e\u003cp\u003e While all three are important for decision-makers, the primary focus of this book is on the third: prescriptive analytics. Author Walter R. Paczkowski, Ph.D. shows you: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eThe distinction among descriptive, predictive, and prescriptive analytics \u003c\/li\u003e\n\u003cli\u003eHow predictive analytics produces a menu of action options \u003c\/li\u003e\n\u003cli\u003eHow prescriptive analytics narrows the menu of action options \u003c\/li\u003e\n\u003cli\u003eThe forms of prescriptive analytics: eight prescriptive methods \u003c\/li\u003e\n\u003cli\u003eTwo broad classes of these methods: non-stochastic and stochastic \u003c\/li\u003e\n\u003cli\u003eHow to develop prescriptive analyses for action recommendations \u003c\/li\u003e\n\u003cli\u003eWays to use an appropriate tool-set in Python \u003c\/li\u003e\n\u003c\/ul\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e O'Reilly Media\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 11\/26\/2024\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781098153175\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 409\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.44lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.19h x 7.00w x 0.84d","brand":"Walter R. Paczkowski","offers":[{"title":"Default Title","offer_id":44776042463413,"sku":"9781098153175","price":50.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/files\/img_df671649-8c7b-4908-9776-aebd0d9f3547.jpg?v=1730821775","url":"https:\/\/pastforward.org\/products\/hands-on-prescriptive-analytics-optimizing-your-decision-making-with-python-9781098153175","provider":"Past Forward","version":"1.0","type":"link"}