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The problems faced by decision makers in today’s business environments are extremely complex. Hence, the task of making good decisions is not easy. The answer is in building quantitative models, and this course is designed to help you understand the fundamentals of this critical, foundational, business skill. The business application of statistical methods is the core focus of this course. In that sense, the course builds on the core course in the first year of the program. That basic course focused on the preliminaries of the area. This course highlights a business application and then demonstates an application of a statistical techique to solve that scenario and arrive at the best decisions and insights.

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