Acquaints students with the statistical principles that managers need in order to extract information from numerical data, and to understand the formal principles of decision-making under conditions of uncertainty. Covers descriptive statistics, elementary probability, expected values, sampling distributions, point and interval estimation, hypothesis testing for normal and binomial data, and multiple regression analysis.
This course is open only to students accepted into Management Specialist (ERSPE2431), Management Major (ERMAJ2431) or Human Resource Management and Industrial Relations Specialist (ERSPE1882).
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