Regression and Decision Modeling

Catalog description

This course will help hone your analytical skills and prepare you for impactful data-driven leadership. This isn't just about crunching numbers; it's about mastering the art of strategic problem-solving and effectively communicating complex quantitative insights in the business world. You'll gain the critical skills to forecast with confidence, diving deep into regression models to analyze relationships between multiple quantities of interest and accurately predict future outcomes. You'll build, test, and apply these models, understanding how they solve real-world organizational challenges and how to interpret their results for any audience. Furthermore, you'll achieve strategic decision optimization, gaining mastery in decision modeling, a powerful approach for constructing and analyzing mathematical models across diverse business problems. Drawing applications from manufacturing, transportation, marketing, and finance, you'll develop quantitative models, utilize computer software to find solutions, and interpret these results within their real-world context. Prereq or Coreq: MBAP 471 .