BUS 771 Quantitative Methods
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This BUS 771 Quantitative Methods course aims to introduce students to the field of management science and to conceptually understand the role of quantitative methods in decision-making. The focus of this course is on the application of scientific methods to problem-solving. Where possible, concrete examples, real-world applications and case studies are used to practice concepts. Throughout this course, students will explore the many mathematical and statistical tools available to decision-makers and learn to identify methods that are appropriate for the situation.
Quantitative methods emphasize the objective measurement and statistical, mathematical or numerical analysis of data collected through opinion polls, questionnaires and surveys, or by using computer-based methods to process pre-existing statistical data. Quantitative research focuses on collecting numerical data and generalizing it to different populations or explaining specific phenomena.
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