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2022-2023 Undergraduate Catalog 
    
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2022-2023 Undergraduate Catalog [ARCHIVED CATALOG]

MATH 424. Statistical Decision Theory


Credits 3.00 PeopleSoft Course ID 003597

Development and use of probability and statistics for strategic decision making with applications. Topics include decision flow diagrams, analysis of risk and risk aversion, utility theory, Bayesian statistical methods, the economics of sampling, sensitivity analysis and collective decision making. Prerequisite(s): MATH 318  or MATH 329 .