{"product_id":"hands-on-prescriptive-analytics-grayscale-indian-reprint","title":"Hands-On Prescriptive Analytics (Grayscale Indian Reprint)","description":"\u003cp\u003e\u003cb\u003eAll Indian Reprints of O'Reilly are printed in Grayscale\u003c\/b\u003e\u003c\/p\u003e\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\u003eWith 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\u003eWhile 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\n\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\u003ch3\u003eAbout the Author\u003c\/h3\u003e\u003cp\u003eWalter R. Paczkowski, Ph.D. earned his Ph.D. in Economics at Texas A\u0026amp;M University and has worked at AT\u0026amp;Tâ??s Analytical Support Center, Market Analysis and Forecasting Division, and Business Research Division. He was also a Member of the Technical Staff at AT\u0026amp;T Bell Labs before founding Data Analytics Corp., a statistical consulting and data modeling company, in 2001. Dr. Paczkowski is a part-time lecturer in the Department of Economics and the Department of Statistics at Rutgers University. He published six books in, what he refers to as, his Analytics Series. His latest are Business Analytics: Data Science for Business Problems (Springer, 2021), Modern Survey Analysis: Using Python for Deeper Insights (Springer, 2022), and Predictive and Simulation Analytics: Deeper Insights for Better Business Decisions (Springer, 2023).\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e","brand":"Shroff\/O'Reilly","offers":[{"title":"Default Title","offer_id":50506374414406,"sku":"9789355429018","price":1575.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0754\/2797\/1142\/files\/9789355429018_jpg.jpg?v=1790328545","url":"https:\/\/cb-india.com\/products\/hands-on-prescriptive-analytics-grayscale-indian-reprint","provider":"Computer Bookshop (India) Pvt Ltd","version":"1.0","type":"link"}