MGT 306  Quantitative Methods for Management

Objective and Overview

This course is designed to provide an introduction to statistical methods useful for analyzing data, with specific application to problems of business and economics.  The methods examined, however, have general application to a wide range of data analysis.  At the end of the class, students will have an understanding of uncertainty and risk management, estimation and forecasting, optimization, and the logic of statistical inference.  Students will also be expected to learn how to use statistics to think critically about real world issues.  Statistical methodology and theory will be presented in an applications context.  Ultimately, the goal is to provide students with quantitative tools that can be used in the areas of economics, marketing, financial and managerial accounting, corporate finance, and applied operational methods.

Prerequisites

None.