DECISION-MAKING UNDER UNCERTAINTY      3 Credit Hours

Catalog description

An introductory course on applied statistics. The course provides a hands-on approach to understanding, quantification and decision-making under various forms of uncertainty. The main topics include visualization of uncertainty, probabilistic quantification of uncertainty, Bayesian and non-Bayesian ways of decision-making under uncertainty. Class activities incorporate active learning elements, including in-classroom computation with professional-grade software for statistical analysis and simulation.