This
course provides a comprehensive review of some basic mathematical
and statistical methods and stresses their practical applications
in business and economics. The course will equip the student with
the quantitative skills required in the MBA program and will also
provide a good foundation for addressing typical problems that arise
in business. Additionally, the skills acquired in the course will
also help the student prepare for the quantitative sections of professional
exams, such as the CFA, the CPA and the CMA exams.
This course will stress learning through applications/problem-solving
using Excel and/or Minitab software for data analyses. However, the
course must be analytical and theoretical to the extent that is necessary
to develop a correct understanding of the topics presented. The topics
covered in the course include relevant mathematical concepts: graphing
functions, solving a system of equations and optimizing using differential
calculus. It also focuses on relevant statistical concepts: probability
theory, hypothesis testing, regression analysis and forecasting.
Syllabus
Mathematics
Math
Review 01
Algebra
Review (NOTE:
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Calculus
Review (NOTE:
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Homework
2A - Calculus
Homework
2B - Calculus Optimization
Homework
2C
-
Calculus Optimization & Elasticity
Descriptive
Statistics - Chapter 3
Homework
3.8,
3.10,
3.19, 3.23, 3.40
and
one of the following: 3.56, 3.61, or 3.68
Chapter
3 Solutions
Probability - Chapter 4
Homework
4.12, 4.14, 4.21, 4.26, 4.28, 4.29, 4.36,
4.37, 4.40 and 4.50
Chapter
4 Solutions
Discrete Probability Distributions - Chapter 5
Homework
5.2, 5.13, 5.14, 5.22 and 5.23
Chapter
5 Solutions
The
Normal Distribution - Chapter 6
Homework
6.8, 6.10 and 6.21a
Chapter
6 Solutions
Hypothesis
Testing - Chapter 9
Homework
9.28, 9.30, 9.33, 9.44, 9.45 and 9.56
Chapter
9 Solutions
Simple
Linear Regression- Chapter 12
Homework
12.5 or 12.8 or 12.9; 12.17 or 12.20 or 12.21;
12.25 or 12.30 or 12.29; 12.37; 12.49; 12.50; 12.57 or 12.62
or 12.61
Chapter
12 Solutions
Multiple
Regression - Chapter 13
Homework
13.8, 13.17, 13.30, 13.33
Chapter
13 Solutions