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Quantitative Methods for Management

COURSE Code: STAT 502
3 Credits

Course Description

This course covers modern descriptive and inferential statistics and mathematical models that can be applied to business situations. These models are selected for their applicability to the various functional areas of business: production, finance, and marketing. Quantitative methods to be examined include decision analysis, linear programming, time series forecasting, linear regression and statistical process control. Microsoft Excel will be used in the solution and analysis of problems.

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