CMiME:Quantitative Methods
Quantitative Methods is an introduction to using statistical methods to solve business problems. The course teaches statistics from the management perspective and places special emphasis on developing the skills and instincts needed to make good decisions and become a more effective manager. The course is set in Hawaii at a fictional resort hotel. Students act as consultants hired to develop statistical models to aid the management team in making decisions for running the hotel.
Basics: Data Description
Introducing Data / Describing and Summarizing Data / Variability / Applying Data Analysis / Relationships Between Variables
Sampling and Estimation
Introduction to Sampling / Generating Random Samples / The Population Mean / The Normal Distribution / Confidence Intervals / Proportions
Hypothesis Testing
Introduction to Hypothesis Testing / Single Population Means / P-Values / Comparing Two Populations
Regression Basics
Introduction to Regression / Calculating the Regression Line / Deeper intoRegression
Multiple Regression
Introduction to Multiple Regression / Adapting Basic Concepts / New Concepts in Multiple Regression
Decision Analysis I
IntroducingDecisionAnalysis / Decision Trees / Comparing the Outcomes / Sensitivity Analysis
Decision Analysis II
Conditional Probabilities / The Value of Information / Risk Analysis
Date | Time |
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Friday, 01.03.2019 | 00:00 - 23:59 |