Analytics for Managerial Decision Making

Catalog description

Contemporary organizations generate large amounts of data; however, knowing how to extract critical information for effective decision-making is critical for competitive success. This course will introduce strategies and methods for developing meaningful business intelligence to assist managers in making decisions in complex decision environments. Specific tools introduced in this course include: descriptive statistics and data visualization methods; descriptive and predictive data mining; statistical inference; linear regression; optimization; decision analysis; Monte Carlo simulation.