Statistical methods for decisions

Code 557PP
Credits 6

Learning outcomes

The course aims to enable students to think and act rationally by using statistical methods in business decisions, in both the public and private sectors.
The knowledge of advanced statistical tools (survey sampling techniques, multiple association and correlation, statistical models) may offer students a wealth of expertise to address the complexity of a problem, to learn about the surrounding reality, to make decisions taking into account the variability of the phenomena, and to act under uncertainty. After completion of this course, the student will be able to identify appropriate data source, will develop skill in structuring and analysing business problems statistically, and answer to common business decision problems through statistical analysis.