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Emory University - Managing Uncertainty in Marketing Analytics 

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Managing Uncertainty in Marketing Analytics
 at 
Coursera 
Overview

Duration

11 hours

Start from

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Total fee

Free

Mode of learning

Online

Difficulty level

Intermediate

Official Website

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Credential

Certificate

Managing Uncertainty in Marketing Analytics
 at 
Coursera 
Highlights

  • Shareable Certificate Earn a Certificate upon completion
  • 100% online Start instantly and learn at your own schedule.
  • Course 2 of 6 in the Foundations of Marketing Analytics Specialization
  • Flexible deadlines Reset deadlines in accordance to your schedule.
  • Intermediate Level
  • Approx. 11 hours to complete
  • English Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
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Managing Uncertainty in Marketing Analytics
 at 
Coursera 
Course details

Skills you will learn
More about this course
  • Marketers must make the best decisions based on the information presented to them. Rarely will they have all the information necessary to predict what consumers will do with complete certainty. By incorporating uncertainty into the decisions that they make, they can anticipate a wide range of possible outcomes and recognize the extent of uncertainty on the decisions that they make. In Incorporating Uncertainty into Marketing Decisions, learners will become familiar with different methods to recognize sources of uncertainty that may affect the marketing decisions they ultimately make. We eschew specialized software and provide learners with the foundational knowledge they need to develop sophisticated marketing models in a basic spreadsheet environment. Topics include the development and application of Monte Carlo simulations, and the use of probability distributions to characterize uncertainty.
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Managing Uncertainty in Marketing Analytics
 at 
Coursera 
Curriculum

Randomness and Probability

Randomness & Probability: An Introduction

Applications of Randomness & Probability

Assessing the Value of Information

How Customer Analytics is Speeding the Cure for Parkinson's

Data Driven Donor Management

Module 1

Conducting Monte Carlo Simulations in Excel

Randomness & Probability Excel Demonstration

Inventory Exercise for Excel Demonstration

Explained: Monte Carlo Simulation

How Our 2016 MLB Predictions Work

The Advantages of Monte Carlo Simulations

Using Probability Distributions to Model Uncertainty

A General Decision Making Framework

Properties of Random Variables

Steps in Using Probability Functions

Normal Distribution & Other Probability Models

Warnings in Modeling Uncertainty

Employee Yield Worksheet

Module 3

Application: Designing Extended Service Warranty Plans

Product Protection Plans

Company Constraints & Decisions

Questions to Investigate

Extended Service Warranty Excel Exercise

Should You Get An Extended Warranty?

Don't Buy Extended Warranties

Designing Extended Warranty Plans - Instructions & Excel Spreadsheet

Poisson Distribution Excel Sheet

Managing Uncertainty in Marketing Analytics
 at 
Coursera 
Admission Process

    Important Dates

    May 25, 2024
    Course Commencement Date

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    Managing Uncertainty in Marketing Analytics
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