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Courses - Fall 2023
BMSO
Online Business MS Programs
BMSO600
Data, Models and Decisions
Credits: 3
Grad Meth: Reg
Prerequisite: Permission of BMGT-Robert H. Smith School of Business.
Restriction: Must be in an online Business Master of Science program; or permission of BMGT-Robert H. Smith School of Business.
The field of data analytics is a very vibrant and broad field. The amount of data available and computing power have exploded in recent years. There is an increasing demand for business analysts who can select and apply the appropriate methods and interpret the results within the context of the problem. The goal of this course is to learn methods for exploring data and building models with the purpose of supporting data-driven decision making. The content of the course can be grouped as follows: Data Exploration, Probability, Confidence Interval Estimation, Hypothesis Testing and Regression Analysis. The focus will be on exploring realistic business scenarios, analyzing datasets using the appropriate analytical techniques, interpreting the analytic output within the context of the business scenario and translating the statistical results into actionable insights.