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Modeling tips & tricks

Learn from our team of modeling experts and the decision analysis community on best practices for model building. Here you will find information about Analytica, as well as general tips and tricks. Topics include how to go about structuring a complex problem, how to analyze models using sensitivity and scenario analysis, and tips on selecting graphs and maps to provide clearer insights. Overall we want to guide you and your organization to be better decision makers, no matter what industry or field you work in.

For more a more comprehensive list of tutorials, user guides, videos, example models, and libraries, check out our Analytica Docs website.

The value of knowing how little you know

Understand the Expected Value of Including Uncertainty (EVIU), compare with the Expected Value of Perfect Information (EVPI), and the insights it gives into a variety of problems.

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Analysis for finance & decision professionals

Watch Dan Zoppo's webinar on the powerful Least Squares Monte Carlo method for real options problems that can add value to a businesses.

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Decision making when there is little historic precedent

Learn how to make decisions and strategic plans in uncertain situations, where historical data is not available. See how to model this in Analytica with clarity and insight.

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How to use Analytica Cloud Platform (ACP) to its full potential

How to use Analytica Cloud Platform (ACP) to its full potential with our CEO Max Henrion.

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How the heat pump calculator was built

Walk through our heat pump calculator model and what decisions were made in its creation.

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Is the Fermi Paradox due to the Flaw of Averages?

Why haven't we not encounter aliens? How to resolve this paradox by treating the parameters of the Drake Equation as uncertain -- an example of Sam Savage's Flaw of Averages.

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Why big data analytics projects fail and how to fix them

If you are like most practitioners of analytics, you went into the field because you are good with numbers, and you want to help people improve the quality of decisions on...

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Behind the scenes: 5.3 color themes

Ben here to tell you about my first large project at Lumina — developing new color schemes for the Analytica 5.3 release. One of our primary goals was improving the look and feel...

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Modeling tips & tricks clients