DSC (0207) 273 - Analytical And Statistical Modeling

Credits: 3.00

This course explores how data can be used to support managerial decision-making. Methods for collecting and categorizing data are presented, as are mathematical and statistical tools, software, and techniques for analyzing data. Analysis and interpretation of data required.

Prerequisite 1: MGT 262 and DSC 271 and MTH 110 or MTH 141 , or MTH 142
Repeatable: No Grade Type: Regular
Course Learning Goals: Upon completion of this course, the successful student will be able to

Capture Non deterministic phenomena
Understand the difference between descriptive statistics and inferential statistics
Identify sampling distributions of the sample mean and the sample proportion
Utilize confidence interval techniques to solve real business issues
Set up hypothesis tests for different business situations
Utilize linear regression models for business forecasting