EMBA508 Statistics for Managers

This course helps managers understand how to use statistics in decision making. The objective of this course is to introduce basic concepts in statistics that have wide applicability in business decision making. As such, the focus will be more practical than theoretical. Because statistical analysis informs the judgment of the ultimate decision maker—rather than replaces it—some key conceptual underpinnings of statistical analysis are covered to insure understanding its proper usage.
The objectives of the course are as the following:
 * To provide the student with the fundamental concepts and terminology of Statistics.
 * To describe the statistical analysis approach and understand how to apply it in a real situation.
* To understand and use computers and spreadsheet models to perform statistical analysis.
* To prepare the student to perform scientific interpretation of real problems.
* Recognize implementation concerns of statistical analysis.