Data Analytics for Business Leaders

2 units

This course introduces statistical methods for the analysis of business and economic data. The role of probabilistic concepts such as independence, conditional probability, expectation, and variance, as well as probability models, such as binomial, Poisson, and normal, are examined. Particular emphasis is placed on topics that relate to model formulation, estimation of model parameters, hypothesis testing, and simple and multiple regression. Students may not earn credit for both DAT 5410 and DAT 6551.