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RStudio for Six Sigma - Monte Carlo Simulation
Coursera Project Network

RStudio for Six Sigma - Monte Carlo Simulation

Taught in English

Moses Gummadi

Instructor: Moses Gummadi

Included with Coursera Plus

Guided Project

Learn, practice, and apply job-ready skills with expert guidance

Beginner level

Recommended experience

2 hours
Learn at your own pace
No downloads or installation required
Only available on desktop
Hands-on learning
4.1

(20 reviews)

What you'll learn

  • Generate Continuous, Discrete and Categorical Data (Xs) Using Statistical Distributions

  • Create A Transfer Function That Relates The Xs With The Y (Dependent Variable)

  • Perform Monte Carlo Simulation & Sensitivity Analysis Using RStudio

Details to know

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Guided Project

Learn, practice, and apply job-ready skills with expert guidance

Beginner level

Recommended experience

2 hours
Learn at your own pace
No downloads or installation required
Only available on desktop
Hands-on learning
4.1

(20 reviews)

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About this Guided Project

Learn step-by-step

In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:

  1. Random Generation of Categories & Integers Based On Uniform, Binomial, Poission and User Defined Statistical Distributions using RStudio.

  2. Random Generation of Continuous Data Based On Uniform, Normal, Log-normal, Exponential, Gamma and Triangular Statistical Distributions using RStudio.

  3. Example 1: Development of a Transfer Function Linking Xs with Y, and Perform Monte Carlo Simulation

  4. Example 2: Develop Transfer Function Using RStudio's "Function" Feature. Peform Monte Carlo Simulation.

  5. Perform Sensitivity Analysis Using Two Approaches. (A) Sensitivity of a Transfer Function at given Xs. (B) Sensitivity Analysis over a range of Simulated Xs.

Recommended experience

Basic Statistics (RStudio for Six Sigma - Basic Descriptive Statistics), High School Math.

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Instructor

Moses Gummadi
Coursera Project Network
20 Courses7,282 learners

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How you'll learn

  • Skill-based, hands-on learning

    Practice new skills by completing job-related tasks.

  • Expert guidance

    Follow along with pre-recorded videos from experts using a unique side-by-side interface.

  • No downloads or installation required

    Access the tools and resources you need in a pre-configured cloud workspace.

  • Available only on desktop

    This Guided Project is designed for laptops or desktop computers with a reliable Internet connection, not mobile devices.

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4.1

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AP
5

Reviewed on Jan 19, 2022

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