Number: 45731
Title: Statistics and Decision Making
Concentration: Required
Prerequisites: None
Description: The objective of this course is to help you learn to analyze data and use methods of statistical inference in making business decisions. This course will focus on the application of fundamental concepts covered in Probability and Decision Making to the problem of drawing inferences from data on observed outcomes. Topics covered during the first part of the course will include statistical sampling and sampling distributions, point estimation and confidence intervals, hypothesis testing, and correlations among variables. The second part of the course will focus on multivariate analysis, with special attention paid to the inferences that may drawn with respect to prediction and causality.