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Decision trees and dealing with uncertainty
This free course introduces basic ideas of probability. It focuses on dealing with uncertainty in a financial context and explores decision trees, a powerful decision-making technique, which can help you to simplify and formulate business decisions. The course also includes videos that introduce the key ideas and guide you through numerous examples.
Course learning outcomes
After studying this course, you should be able to:
- deal with basic uncertainty in a decision-making context
- understand the basic ideas of probability
- calculate expected values
- produce and analyse a decision tree.
First Published: 04/01/2021
Updated: 04/01/2021
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