Course Information

Statistical Decision Techniquesfor Managers (MMG 525)

Term: 2017-2018 Spring


William Simcox Ph.D.
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Wed, 6:00 PM - 8:45 PM (1/17/2018 - 4/25/2018) Location: CHARL HOOD 1422


Pre-requisite MMG506 Quantitative Analysis for Managers or equivalent.

This course provides students with the knowledge and appropriate use of descriptive and inferential statistical techniques used in management decision making and develops their ability to characterize management problems that can be solved by such techniques. Topics include descriptive statistics, probability distributions, sampling, estimating, hypothesis testing, simple and multiple regression and correlation, chi square testing, analysis of variance, and decision theory. Spreadsheet and statistical computer programs are used in the class.