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what if analysis goal seek analysis
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ASSAM UNIVERS
ITY SILCHAR
CONTENT
Makes hypothetical changes
to problem and observes
impact on the results
Types of
What If Analysis
Scenario Analysis
Data Tables Analysis
Goal Seek Analysis
Sensitivity Analysis
Types Of Sensitivity Analysis
Sensitivity Analysis
Optimization Analysis
Then one or more other variables are changed repeatedly, subject to the Specified constraints, until the best values for the target variables are discovered
It Is a more complex extension of goal seeking analysis.
Instead of setting a specific target value for a variable, the goal is to find the optimum value for one or more target variables, given certain constraints.
Optimization
Analysis
Purpose of Optimization analysis
Goal is to find the optimum value for one or more target variables given certain constraints
One or more other variables are changed repeatedly until the best values for the target variables are discovered
Finding the optimum value for one or more target variables
Optimization methods
25 % 30 % 15 % 35 %
Data Mining
Architecture
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3 Steps Data Mining Process
Exploration
Model building and validation
Deployment
Privacy Issues
Misuse of information (^) Disadvantages
Data Mining
Conclusion