Course ID: | EMBA 7100E. 3 hours. |
Course Title: | Analytical Tools for Decision Making |
Course Description: | This course is designed to enhance the analytical skills of business managers who must make decisions based on quantitative data, in particular in environments characterized by significant uncertainty. Topics of study include sampling, estimation and inference, regression, simulation, decision analysis, and constrained optimization. |
Oasis Title: | Decision Making |
Duplicate Credit: | Not open to students with credit in EMBA 7100 |
Nontraditional Format: | This course will be taught 95% or more online. |
Grading System: | A-F (Traditional) |
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Course Objectives: | The purpose of the course is to develop the knowledge and skill set required to generate and interpret the output associated with a broad range of analytical techniques. For each technique considered, students will recognize the types of problems for which method is appropriate, identify the information required in order to implement the method, make organizationally-relevant decisions based on the associated output, and recommend additional data collection or analyses that will aid in decision-making. |
Topical Outline: | 1. Introduction
2. Distributions
3. Central Tendency
4. Variability
5. Correlation
6. Regression
7. Significance Testing
8. Analysis of Variance
9. Decision Analysis
10. Linear Programming/Constrained Optimization
11. Sensitivity Analysis |