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DECISION SCIENCES & ANALYTICSADVANCED~5.5 hrs

Decide whether to trust a payment fraud alert rule using base rates

A fraud rule that catches most bad payments sounds excellent, yet if bad payments are rare it may flood customers with false alarms.

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  • 🔒 What you hand in
  • 🔒 Step 1: Think first
  • 🔒 Step 2: Gather
  • 🔒 Step 3: Build with AI
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  • 🔒 Step 5: Finish and show
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More advanced projects in Decision sciences & analytics
DECISION SCIENCES & ANALYTICSADVANCED
Design a decision dashboard for a diagnostic lab's weekly review

A small diagnostic lab reviews turnaround, repeat tests and complaints separately, so slow reports and unhappy patients are linked only by guesswork.

~5.5 hrs🔒 Details
DECISION SCIENCES & ANALYTICSADVANCED
Allocate oven time and flour across five bakery products and defend the plan

A neighbourhood bakery has one oven and limited flour each day, and its most popular product is not always the most profitable use of either.

~5.5 hrs🔒 Details
DECISION SCIENCES & ANALYTICSADVANCED
Show how two sceptics with different starting beliefs judge the same campaign data

A marketing head believes a festive campaign works while the finance head doubts it, and both look at the same results yet argue past each other.

~5 hrs🔒 Details