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Book
Author Hodgett, Richard E., author

Title Smart decisions : a structured approach to decision analysis / Richard E. Hodgett, Sajid Siraj, Ellen Louise Hogg
Published Hoboken, NJ : John Wiley & Sons, 2022

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Description volumes cm
Summary "Welcome to Smart Decisions where you will learn about many ways to model and solve complex decision problems using Multi-Criteria Decision Analysis (MCDA). Each chapter will take you through a simple and common decision problem that most people face in their lifetimes, showing you how to solve it with a structured decision-making methodology in both Microsoft Excel and R. Microsoft Excel is the primary tool used in business and education for making spreadsheets and interactive formulaic templates while R is a popular tool used by specialists in analytics, data science and statistics. If you are not familiar with either Excel or R, don't worry! Chapter 2 is dedicated to telling you all about these software packages and how to use them. Trust me you will be an Excel and R whizz-kid in no time. That being said, this is not the primary aim of this book. The core of this book is to teach you about all of the wonderful and powerful decision-making methodologies out there which will help you justify and make better decisions at work and at home. Let's start by discussing a hypothetical decision problem. Imagine you are a student who has just graduated and after years of partying and hard work you now have to decide what to do with your life. You are considering three distinct options; 1) find a job, 2) do further studies, or 3) start your own business. Your parents tell you to find a job related to your degree but your university professor suggests that you should do further studies before starting a professional career. To make matters more difficult, your friend, a recently established entrepreneur, has a great business idea and suggests you become a partner in her business. How do you decide what to do?"--
Bibliography Includes bibliographical references and index
SUBJECT Microsoft Excel (Computer file)
Subject Decision making
R (Computer program language)
Author Siraj, Sajid, author
Hogg, Ellen Louise, author
LC no. 2021052705
ISBN 9781119309338