2014-2015 University Catalog 
  
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2014-2015 University Catalog

OM 211 - Honors Statistical Analysis for Management

Credits: 4 (NR)
Introduces the application of statistical methods to support quantitative decision analysis for resolving business problems. Topical coverage includes descriptive statistics, probability, random variables, probability distributions, sampling and sampling distributions, estimation, hypothesis testing, and linear regression (both simple and multiple). Requires extensive use of case studies to integrate, synthesize and extend the concepts presented in order to foster a “learning by doing” approach that develops and promotes critical thinking abilities. Active class discussions via individual and/or group presentations of case assignments is an important learning activity. Extensive use of computer software for statistical modeling, problem solving, and analysis of case studies is a significant component of this course.

Equivalent to OM 210

Prerequisite(s): Cumulative GPA of 3.5 or higher; C or higher in MATH 108 or MATH 113 or HNRT 225. Prerequisite enforced by registration system.

Hours of Lecture or Seminar per week: 4
Hours of Lab or Studio per week: 0
When Offered: Fall, Spring