This course focuses on heuristic and statistical analysis of data using spreadsheets.

Students will learn to apply general modeling techniques such as regression analysis, time series forecasting, simulation and optimization to business situations.

At the completion of this course, the student should be able to:

1) Translate business situations into

    mathematical models where appropriate.
2) Use mathematical tools for business

    forecasting.
3) Apply the concepts of probability and

    expected values to decision making.
4) Use simulation to forecast the effects of

    varying certain parameters in a business

    situation and to assess risk.
 

Regression techniques and applications

Visual exploratory data analysis

Forecasting techniques

Queuing systems