Pennsylvania State University 3 credits BUS
Methods for solving problems that include both time evolution and uncertainty. Focus on regression analysis, simulation and advanced data analytics. This course discusses concepts and tools to make informed managerial decisions through interpretation and analysis of data. The aim is to (1) familiarize students with the concepts of data interpretation; (2) provide students with language, insights, and tools used to analyze data and model operations; (3) provide students with the opportunity to use these tools, to understand their various applications, and to interpret analyses done by others. The course will focus on regression analysis, non-linear regression analysis, mathematical and simulation modeling, and advanced data analysis techniques. When students successfully complete this course, they will be able to demonstrate use of analytical tools for modeling and optimizing business decisions and also analyze the results.
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