United States
United States
Crystal Ball 11.1.2 Essentials Ed 1 is a course designed to introduce the user to the powerful predictive analytics capabilities of the Oracle Crystal Ball software. It is globally recognized for its ability to help organizations make better decisions by quantitatively analyzing risk and uncertainty in decision models. This course is ideal for anyone who is interested in modeling real world problems, predicting outcomes and enabling effective decision-making.
By the end of this course, participants should be able to:
• Describe the concept of predictive analytics and its components
• Monitor a model’s sensitivity to changing inputs
• Utilise Monte Carlo Simulation
• Optimise decision models using Goal Seek and Optimisation
• Perform powerful regression analysis
• Forecast the future using regression models
• Incorporate external data into Crystal Ball models
• Interpret the results of your predictive simulations
This is a Rare Course and it can be take up to 3 weeks to arrange the training.
Get 1-on-1 session with our expert trainers at a date & time of your convenience.
Flexible Dates
Start your session at a date of your choice-weekend & evening slots included, and reschedule if necessary.
4-Hour Sessions
Training never been so convenient- attend training sessions 4-hour long for easy learning.
Destination Training
Attend trainings at some of the most loved cities such as Dubai, London, Delhi(India), Goa, Singapore, New York and Sydney.| Live Online Training (Duration : 16 Hours) Fee On Request | |||
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This course does not require any prerequisites. However, prior experience with basic database concepts, admin and operational database concepts, or a basic understanding of system modeling may be beneficial.
The Target Audience for Crystal Ball 11.1.2 Essentials Ed 1 training would typically include people who have a need for predictive modelling such as statisticians, analysts and decision makers
This training is ideal for those who want to enhance their understanding of data analysis and simulation techniques to improve their business decision-making process
It is also suitable for those who are new to Crystal Ball and looking to learn the basics
Further, it is also suitable for those intermediate users who want to gain deeper understanding of the Crystal Ball functionality
Participants should have a good understanding of model building, data analysis and a familiarity with the Microsoft Office suite of products
This course is suitable for an audience of people with different educational backgrounds and varied levels of statistical knowledge and understanding
The Crystal Ball 11.1.2 Essentials Ed 1 Training teaches students the fundamentals of predicting future outcomes from complex systems. Objectives include understanding of the fundamentals of spreadsheet modeling and simulation, developing forecasts from Monte Carlo simulation and decision trees, practicing statistical analysis and creating graphical representations from data. Other objectives include comprehending how to utilize optimization and sensitivity analysis capabilities, exploring data mining algorithms and their application for decisions, creating charts for analysis interpretation and understanding the theory of fitting data and creating value-based out of the data. Students will also learn to develop automation functions leveraging Crystal Ball's integration with Microsoft Excel, configure and execute a suite of applications using the Excel Add-in and visualize data through probability distribution, cumulative distribution functions, and output file plotting.