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Institution:
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Massachusetts Institute of Technology
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Subject:
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Description:
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Introduces statistical tools and communication skills for using data to influence management decisions. In real-life decisions, decision-makers use both analytical and intuitive approaches to understand problems and to persuade others to act. Statistical tools are important, but statistical arguments are often met with skepticism. Covers decision analysis, communication principles, probability, testing theories, statistical sampling and regression, and misuses of statistics, with exercises and examples drawn from marketing, finance, operations management, strategy, and law. Restricted to MIT Sloan Fellows in Innovation and Global Leadership.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Prereq: Permission of instructor
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(617) 253-1000
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Regional Accreditation:
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New England Association of Schools and Colleges
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Calendar System:
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Four-one-four plan
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