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CoreConcepts

# CoreConcepts - Chapter Objective(s Concept(s 1 1,2,3,4,5 1...

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Course objectives: Core concepts: 1. To understand when and how to apply quantitative methodological analysis to reach managerial decisions. 2. To analytically solve problems involving quantitative business data. 3. To determine the appropriate quantitative techniques needed to solve business problems. 4. To use computer software to analyze data. 5. To interpret data analytic computer output. 6. To communicate the results of data analysis to the appropriate audience. 1. Decision Elements 2. Simple Linear Regression 3. Multiple Regression 4. Regression Model Building 5. Time-series Components 6. Exponential Smoothing Models 7. Linear Programming Formulation 8. Linear Programming Applications Book Chapters-sections, Course Objectives, and Core Concept Coverage
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Unformatted text preview: Chapter Objective(s) Concept(s) 1 1,2,3,4,5 1 2 1,2,3,4 7 3 2,4,5 7 4 1,2,3,4,5,6 7,8 6 1,2,3,4,5 8 15(1)* 2,3,4,5,6 2,5,6 14(2)* 1,2,3,4,5,6 2 15(2)* 1,2,3,4,5,6 2,3,4 16 1,2,3,4,5 2,3,4 * Note: 15(1) is the forecasting chapter (pp. 696-747) 14(2) is the simple regression chapter (pp. 543-623) 15(2) is the multiple regression chapter (pp. 624-647) What you should be able to do when you finish Chapter: 1 – know the elements of decisions; state examples of them in your job/field. 14(2) (with handout) – know when a simple linear regression is the appropriate quantitative technique in a given application; obtain and...
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