About 14 - Statistics for Decision Making

Statistics for Decision Making (MIS302) introduces students to statistical methods and techniques essential for making informed decisions in the context of management information systems. The course emphasizes the application of statistical tools to analyze data and draw meaningful insights for decision-making processes.

Program Learning outcome:

  • Understand fundamental statistical concepts and measures.
  • Apply descriptive statistics to summarize and interpret data.
  • Utilize inferential statistics for hypothesis testing and decision-making.
  • Analyze and interpret statistical results in the context of MIS.
  • Use statistical software tools for data analysis.
  • Apply statistical methods to solve business problems.


TextBook Name:

Business Statistics: A First Course" by David M. Levine, Timothy C. Krehbiel, and Mark L. Berenson.

Assessment Methods

Final Exam
60%
Midterm Exam
30%
Weekly Quizzes
10%