Bayesian networks provide a powerful foundation to support strategy development and execution.
Bayesian Consulting Services (BCS) offers expert-level support in developing strategies for countless business challenges by leveraging the predictive nature of Bayesian networks.
WHY BAYESIAN NETWORKS?
A Bayesian network is a graphical representation of a challenge that uses Bayes rule - a mathematical principle focused on conditional probability - to drive quantitative insight. Essentially, Bayesian networks enable understanding of the probability of an outcome given a number of factors that impact the outcome.