Statistics for Management Decisions
ENGR XLC 116
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This course is part of the UCLA Henry Samueli School of Engineering and Applied Science (HSSEAS) Master of Science in Engineering Online (MSOL) program. It is available only to students pre-approved by HSSEAS. For more information visit msol.ucla.edu.
About this course:
Engr 116. Statistics for Management Decisions. (Prof. Mehrmia, A.) Lecture, four hours; outside study, eight hours. Management as well as engineering decisions nearly always take place in environment characterized by uncertainty. Probability provides mathematical framework for understanding how to make rational decisions when outcomes of actions are uncertain. Application of probability to problem of reasoning from sample data, encompassing estimation, hypothesis testing, and regression analysis. Discussion of specific analytical techniques needed in later courses in program. Development of basic understanding of statistical analysis.