MAGT 591: Data Analysis for Managerial Decisions: (3-0-3) This course applies statistical techniques as decision-making tools at an advanced level. All the relevant statistical concepts for simulation are introduced as well as basic decision theory. The regression model is reintroduced to extend understanding of simple linear regression to multiple regression and its applications. Times series techniques are also highlighted. Other topics include ANOVA, cluster and factor analysis. Part of the course looks at the issue of gaining confidence in decision models using validation and verification in a determination of which kinds of tests are relevant to the kind of data being tested.