The course objectives are

1.  To learn various statistical tests applicable to business scenarios and be able to perform statistical analyses, and draw meaningful conclusions for decision making.

2. To acquire the skills to assess relationships between variables through  a range of techniques and to make predictions.

3. To develop an understanding of basic management science techniques and their role in managerial decision-making.

4. To help the students to translate business situations into quantitative models for optimal decision-making.