MGMT 5504

This is an introductory course in quantitative methods with emphasis on business applications. Throughout this course an emphasis is placed on helping the student to recognize situations and areas in business in which quantitative analysis might be useful. This course will introduce students to some basic quantitative techniques used to solve business problems. The course is designed to provide an understanding of techniques that are based on statistical concepts and decision analysis. Topics include: descriptive statistics, statistical sampling, statistical inference, regression modelling, linear programming, risk analysis and decision making with probabilities. In addition, students will learn and practice how to use Excel to employ these techniques. Group case studies and class discussions prepare students to be real problem solvers.