Business Statistics : Master 1 Ingenierie economique et Financiere Master 1 Statistique et econometrie

Managers need strong quantitative and statistical skills in order to make sense out of the masses of data being collected in today's computerized business environment. However,being able to crunch numbers in an Excel spreadsheet is not enough. Managers must also be able to understand what such summaries and tabulations mean. In particular, managers must understand importance of incorporating the concepts of variability and uncertainty into any data evaluation and decision making effort. My personal goal is to help demystify statistics for you and interest you in continuing to expand you understanding and application of statistical methodology in your business.The ability to make "intelligent" decisions is critical for both managers and firms. In today's business world, problems are too complex to rely simply on intuition and common sense. Quantitative decision tools such as management science and statistics allow decision makers to base decisions on datadriven and scientific methods. prepares students to describe, gather and analyze business data, and to use statistical and management science tools to make effective business decisions