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Principles for Forecasting in Times of Uncertainty

Online
1.5-3 hours
Free

Course Content

Navigate uncertainty with various data analysis tools and forecasting techniques offered in this free online course. This course will teach you the fundamentals of forecasting and data analysis during uncertain times. You will learn about various agile forecasting techniques and tools that you can use to help with forecasting. We will also discuss different types of data distribution, including the normal distribution and the Poisson distribution method. You will learn to calculate data in uncertain times and carry out data analysis using various techniques.

Course Details

CollegeAlison
Course ID201534
Course CategoryData Analytics, Business
Course TypeOnline Learning
Course QualificationCPD Certificate
Course Duration1.5-3 hours
Course FeeFree
Entry RequirementsLike all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary.

At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives.

Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone.
Career PathWhat You Will Learn In This Free Course
• Explain the need for forecasting
• List the major problems with the use of traditional forecasting techniques
• Describe the concept of agile forecasting
• Describe the Scrum agile method and its benefits
• Summarize the roles of a scrum master, a product owner, and the planning team in the execution of the scrum method
• Discuss the significance of sensitivity analysis
• Distinguish between the normal data distribution model and the Poisson distribution model
Course Code4046

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