BUS 550 - Data and Decision Analytics
Evolution of Information Technology has dramatically increased the availability and importance of data and statistical analysis in business decision making. This course centers on understanding the decision process and the role that statistical tools play. The emphasis is on structuring the decision processes and statistical tools, methods, analysis, and models that will serve the MBA curriculum and beyond. Develop an understanding of formal and quantitative approaches to decision processes, using management decision situations to examine the tools and techniques available to support decision-making. Spreadsheets and other software is used as the basis for quantitative decisions, and topics include decision analysis, decision trees, expected value of information, quality forecasting, and statistical analysis and regression.