Jan 19, 2022  
2020 - 2021 Graduate Catalog 
2020 - 2021 Graduate Catalog [ARCHIVED CATALOG]

BUAD 5052 - Decision Modeling

Credits: (4)

Probability and Statistics is a foundation course in the study of Business Analytics.  It provides an understanding of the principles associated with modeling of stochastic processes.  The topics will include: Probability Theory-important probability distributions, sampling from distributions, interaction of multiple stochastic processes; Regression; Statistical Analysis-descriptive/inferential/ predictive statistics, multivariate statistics, time series models; Modeling-modeling concepts, Monte Carlo simulation, decision analytics. Students will also be introduced to a variety of statistical modeling packages.