EXP 420 - Managerial Decision Analysis

Description
Methods for improving decision making under conditions of uncertainty are studied. Students are taught to structure business problems in probabilistic terms. Procedures for comparing the costs and benefits of reducing uncertainty are presented. Topics include decision theory, probability and probability distributions, sampling distributions and statistical inference.
Credits
2.5
Recent Professors
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Recent Semesters
Fall 2019, Fall 2018
Avg. Sections
1