Provides students with a theoretical and applied understanding of the role quantitative methods play in the decision-making process. Quantitative and mathematical tools used in business for improving the problem-solving process by making it more rational and analytical are explained and examined. The course emphasizes the application of quantitative methods by using problem situations to introduce each of the methods, concepts, and techniques. Topics covered include graphical and numerical descriptive statistics, probability, normal distribution, and simple linear correlation.
- Teacher: Rehva Jones