MA 225 - Probability Models for Business Decision-Making

Institution:

Bentley University

Subject:

Description:

Prerequisite(s): ST 241 or GB 204 or equivalent An introduction to probabilistic models as they apply to management, economic and business administration problems. The potentials and limitations of various models will be discussed. Emphasis will be placed on developing models from written descriptions and interpreting model solutions, typically computer-generated. Specific topics include an introduction to basic probability, decision analysis, networks, queuing models and simulation.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.bentley.edu

Phone Number:

(800) 523-2354

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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