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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.