Applied Quantitative Methods for Decision Making
On completing the course the participants will:
- Be acquainted with quantitative methods and statistical techniques in order to be able to apply them to specific economic and managerial problems
- Appreciate that the collection and statistical analysis of data improves business decisions and reduces the risk of implementing solutions that waste resources and effort
- Select and deploy the correct statistical method for a given data analysis requirement; in particular, develop expertise in describing data, process management, hypothesis testing and model building
Achieve a practical level of competence in building statistical models that suit business applications.