Managerial Statistics 2

1.5 Credits · Level: Graduate, Undergraduate

"This class builds on the foundations learned in Managerial Statistics 1. Moving on from descriptive and basic inferential statistics, we will learn methods of creating predictive models with statistics focusing on regression methods. Students will learn the fundamentals of simple, multiple, and nonlinear regression. Time-permitting, we will also discuss basic models for classification and data mining. Students will further enhance their skills in technology and its application throughout the course, as they continue to use statistical packages and learn new competencies in their technology lab. This class, in tandem with Managerial Statistics 1, will provide future business managers with the concepts and skills they need for success in all areas of the business world and will help them with managerial decision-making."