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Georgetown University

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Detailed Course Information

 

Fall 2017
Nov 23, 2017
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Information Select the desired Level or Schedule Type to find available classes for the course.

OPIM 173 - Business Statistics
This course introduces the basic concepts of Statistics and their application in managerial decision-making. In the first part of the course, we consider the steps of data collection, preliminary data analysis (numerical and graphical), probability and uncertainty, statistical inference. In the second part of the course, we examine statistical model building for the purposes of understanding variability and making forecasts. A detailed development of multiple regression analysis is complemented by some study of time series analysis. The objective is to demonstrate the effectiveness of statistical modeling in guiding managerial decision-making. The statistical analysis of large data sets is an integral part of modern business practice. Accordingly, both spreadsheets and statistical software will be used throughout the course.

3.000 Credit hours
3.000 Lecture hours

Levels: Undergraduate
Schedule Types: Lecture

Operations & Information Mgmt Department

Course Attributes:
Mean Grade is Calculated

Restrictions:
Must be enrolled in one of the following Colleges:     
      McDonough School of Business
Must be enrolled in one of the following Majors:     
      Accounting
      Business Administration
      Finance
      Int'l Business Regional Stds
      International Business
      Int'l Political Eco Business
      Marketing
      Management
      Operations & Information Mgmt
      Undeclared Business
Must be enrolled in one of the following Classifications:     
      Junior
      Sophomore
      First Year

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