Expert Modeling with Analytica: Webinar Series

Analytica is being used by companies, government agencies and universities around the world. Given Analytica's highly visual and interactive nature, the fastest way to learn what it is and how it works is to see a demonstration. Lumina hosted a complimentary webinar series on Expert modeling with Analytica. This is a 3-part webinar series. To view a recording of any of the webinars, or to download a copy of the Analytica models or powerpoint presentations, please see the abstracts below.

1.    Introduction to Analytica: What it does that Spreadsheet’s Can’t

Presenter: Surya Swamy Consulting Decision Analyst, Lumina

Experienced analysts prefer Analytica to spreadsheets because of its visual influence diagrams, Intelligent Arrays, fast Monte Carlo, and scalability. Because it’s designed by expert modelers, it’s also an ideal tool for teaching students the art of effective modeling.  View this software demo to see why users say that they can build, verify, and analyze models in a quarter to half the time it takes with a spreadsheet.

2.    Modeling Uncertainty with Analytica

Presenter:  Dr. Max Henrion, CEO, Lumina

Date: Wednesday, December 15, 2010, 10 AM PST.

This webinar by Dr. Max Henrion, the originator of Analytica, will introduce the concept of modeling risk and uncertainty in Analytica.  Analytica’s integrated Monte Carlo simulation offers a powerful way of carrying out probabilistic simulations.  Dr. Henrion will show how Analytica can be used to set ranges on uncertain quantities, define plausible what-if scenarios, and do systematic sensitivity analysis to explore which assumptions have the most effect on key outcomes of models.  View this webinar to learn why experienced analysts prefer Analytica for modeling risk and uncertainty analysis.

3.    Transparency and Flexibility in Optimization Models

Presenter:  Dr. Lonnie Chrisman, CTO, Lumina

Date: Thursday, December 16, 2010, 10 AM PST.

Optimization and generalized equilibrium models are traditionally cumbersome to develop, difficult to extend, and cryptic. Enhancements new to Analytica Optimizer 4.3 bring the transparency and flexibility of hierarchical influence diagrams, intelligent arrays and uncertainty analysis to these classes of applications. Analytica encourages progressive model refinement leading to understandable graphical models. In this webinar, Analytica’s chief architect will introduce Structured Optimization, an integrated suite of features that brings a new level of simplicity and automation to solving equations and optimizing complex decision problems.