Decision Analysis Reflection Paper

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The journey of my decision analysis learning process has been a roller coaster ride. While I enjoyed reading, understanding and learning about the various methodology and aspects of decision analysis, I also find myself stressed, frustrated and ready to give up. For me, the concept about what is decision analysis, the utility of decision analysis, and the topics on decision bias, ethics, complexity and controversy of decision analysis make sense to me as I understood what they are and how they can impact a decision making process. Quantitatively, while I enjoy experimenting and learning the R, Rattle and Excel Decision Tree Plan, statistically, I am frustrated as I am unable to come up with the correct answers when it comes to the quantitative models and calculations such as the probability matrices, binomials, conditional probability, and Markov modeling. Learning the functionalities and seeing an outcome from the R software and knowing what an excel can do to a set of data is intriguing yet exciting to me, …show more content…

In the article titled, “Benefits of Decision Science in the Corporate Environment”, written by Cassone and Tillman, they stated that “The goal of the use of decision science techniques is to get people to think of the big picture and understand the tools and techniques that can be used to solve corporate-wide problems. Understanding the problem and the environment, analyzing the information, and quantifying results involve putting the conceptual and analytical pieces together to solve the puzzle.” (Cassone & Tillman, 2013) In my opinion, I think that statement can be applied in any environment in addition to the corporate environment, because the decision science techniques is to get people to think objectively and to be able to weight alternatives and see potentials and

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