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Statistics and Quantitative Modeling
Overview
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The statistics and quantitative modeling major is designed to develop quantitative thinking skills that are invaluable in business. The student will take courses from a variety of quantitative disciplines that focus extensively on statistical methodology, mathematical modeling, and computer implementation issues applied to business. The use of the computer for the solution and analysis of business problems is an integral part of the program. Graduates of this program will have a broad foundation in statistics or quantitative modeling and will be well positioned for the analysis and solution of decision problems facing business and industry in the 21st century.
It is essential that the student consult with an area advisor to plan a program prior to taking any courses in the major.
Program Learning Goals
Quantitative Thinking Skills | Students will be able to apply the quantitative thinking and the mathematical modeling process to solve real-world problems |
Data Analysis | Students will be able to identify appropriate methodology, conduct analysis, and interpret results |
Deterministic Modeling Methods | Students will be able to model deterministic mathematical programming problems |
Probabilistic Modeling Methods | Students will be able to model probabilistic problems dealing with decision analysis and simulation |
Statistical Modeling | Students will be able to model statistical problem applied to business |
Technological Skills | Students will be proficient in appropriate software to solve problems in statistics and quantitative modeling |
Communication Skills | Students will be able to effectively communicate statistical and quantitative modeling methods for decision making to technical and non-technical audiences |