Evaluate The Model Assumptions, And Relate The Result To Reality Of The Situation Studied.

Statistics & Quantitative Analysis (STAT640)

This course prepares MBA students to design and conduct research to address and solve business challenges. It provides an empirical basis for the analysis and action recommendations for the solution of business problems or for the achievement of business objectives. MBA students will learn to frame, plan, and conduct research projects as well as developing and fine-tuning forecasting models. Students will apply key statistical techniques used in modeling and analyzing research findings and business data.

Learning Outcomes

At the end of the course, students will be able to :

1. Apply Statistical Techniques In The Modeling Of Business Related Situation.
2. Choose And Apply The Appropriate Statistical Model/Technique To Help In The Decision Making Process.
3. Choose The Appropriate Statistical Technique To Help In The Decision Making Process.
4. Describe And Apply The Most Common Statistical Analysis, Like Hypothesis Testing, Anova And Regression Modeling.
5. Describe The Most Common Statistical Techniques In The Modeling Of Business Related Situations.
6. Evaluate The Model Assumptions, And Relate The Result To Reality Of The Situation Studied.
7. Interpret And Communicate The Results Of Statistical Analysis.
8. Interpret And Communicate The Results Of Statistical Analysis.
9. Select Appropriate Model, Evaluate Model Assumptions, And Relate The Result To Reality Of The Situation Studied.
10. Use Appropriate Statistical Software To Explore And Analyze Data.
11. Use Appropriate Statistical Software To Explore And Analyze Data.