| Description
| This course aims to offer an in-depth understanding of statistical techniques and optimization concepts for making informed management decisions. The course provides a comprehensive overview of key topics in statistics, including descriptive statistics, correlation analysis, sampling and estimation, probability distributions, hypothesis testing, regression models, design of experiments, and linear programming. Students will also gain practical experience in statistical and optimization software such as LINGO and Excel through interactive tutorials. On completion of this course, students would be able to equip with the skills and knowledge needed to apply statistical and optimization tools to real-life situations, allowing them to make informed decisions based on quantitative methods.
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