The Management Science Introductory
Courses (MS201, 202 and
203) are a sequence of courses that are required for business majors.
These courses must be taken in order.Introduction
to Data Analysis (MS201) discusses statistical methods used in analysis
of business problems, theory and application of frequency distributions,
and measures of central tendency and variability. Also covered are
topics including; probability, expectation, probability distributions,
sampling, and estimation.
Introduction to
Statistical Inference (MS202) studies additional statistical methods
used in analysis of business problems. Statistical estimation,
hypothesis testing with both single and multiple populations, the study
of categorical data, analysis of variance, and regression techniques are
some of the topics covered.
Applied Statistical
Methods for Business (MS203) uses statistical and analytical techniques
to aid in problem solving. The course will cover such topics as; decision
theory, forecasting, queuing theory, simulation, and linear programming
techniques.