As I described above, quantitative models are persuasive. In my experience, people find models and numerical output inherently objective, compelling and trustworthy. Done well, models are rigorous and ...

Lies, damn lies and statistics. Occasionally I get the impression that some engineers feel we’ve just taken that step beyond statistics in our ESL modeling. In a recent discussion I was very pointedly ...

OpenAI announced the official launch of the ChatGPT add-in for Microsoft Excel and Google Sheets spreadsheet models, making i ...

The rapid expansion of generative AI is changing the face of technology. For the first time, the words, images, and even videos appearing online may be the product not of humans but of a sophisticated ...

Cutting corners: Spreadsheets are a staple of so many jobs and business fields that it is almost impossible to quantify their economic value. People adept with this tool are in high demand and often ...

Unfortunately, this book can't be printed from the OpenBook. If you need to print pages from this book, we recommend downloading it as a PDF. Visit NAP.edu/10766 to get more information about this ...

Retailgrid develops an AI-powered platform that helps retailers manage pricing, forecasting and assortment planning through ...

When a decision is required, a manager typically begins by making certain assumptions about the environment in which the decision will be carried out. Such assumptions might involve, for example, the ...