ECON 3300 - Applied Statistical and Optimization Models

3 Class Hours 0 Laboratory Hours 3 Credit Hours
Prerequisite: Business Majors: Sophomore GPA Requirement; Non-business Majors: 60 credit hours including MATH 1106, BISM 2100, ECON 2300, and permission of the Coles College of Business.
The study of quantitative models for decision-making within business operations. Topics include one-way ANOVA, simple and multiple linear regression, forecasting, linear programming optimization models, and decision analysis. Case studies are used to illustrate modeling applications within business settings, and spreadsheet software is used to assist in modeling and analysis.

Notes: Offered as an online course.