Course Information

MG5050 Probability and Managerial Statistics

Credits: 3.00

Description:
This course starts with the basic concepts of Random phenomena and goes on to advanced applications of statistics relevant to managers. Topics include probability theory, discrete and continuous probability variables, sampling, measures of central value and dispersion, hypothesis testing, statistical inference, quality control, analysis of variance, regression, correlation and nonparametrics. The course emphasizes application of concepts. No credit is allowed toward any graduate degree program administered by the Department of Technology Management.

Prerequisite: Graduate standing