Business Statistics (Audiobook) By Professor George T. Geis
Publisher: The Teac hing Co mpany 1997 | 11 hours and 50 mins | ISBN: n/a | MP3 | 345 MB
In our tightly wired world, business executives make decisions under pressure. Almost always, these decisions must be made with less than complete information.
This course is about how to effectively use data that is currently available (or can be obtained within a reasonable time frame and cost) to improve business decision-making.
Quantitative methods such as statistical analysis never eliminate the vital role that seasoned business intuition plays. Nevertheless, analytical techniques are a central part of many decisions.
Statistics Alive in the Context of Life and Business Professor George T. Geis of the UCLA Business School uses business examples from functional areas such as finance, marketing, human resources, and operations to illustrate the role of data analysis in decision-making.
"This course is not designed to be a dry, sleepy-time set of abstract, mathematical lectures," he says. "The goal is to make statistics come alive in the context of life and in the context of real business problems demanding a solution."
Today, the burden of computation has largely been eliminated through personal computers. Businesspeople are now free to focus on probing issues and search for creative solutions. This course illustrates the use of computer-generated output that promotes visualization of data.
In fact, we illustrate in this course how statistics and probability can effectively work together with managerial intuition in business problem solving.
"Students tell me that statistics was obscure and inaccessible for them as undergraduates," says Professor Geis. "On the first day of class, they enter my MBA course on Statistics and Data Analysis prepared for the worst. Fortunately, I am often able to help them build intuition for statistics, appreciate how the content can be applied, and they actually enjoy the experience.
"Whatever previous experience you have had with statistics (if any), our main objective will be to make the content useful to you in business decision-making and relevant to decisions we all make in everyday life."
