Introduces students to the basic tools in using data to make informed management decisions. Covers introductory probability, decision analysis, basic statistics, regression, simulation, and linear and nonlinear optimization. Computer spreadsheet exercises and examples drawn from marketing, finance, operations management, and other management functions. Restricted to Sloan Fellows.
This activity prepares students to watch the film, "Local Voices, Global Visions," by having them examine the presence of technology in their own lives. Students should be familiar with the use of spreadsheets and have a basic working definition of information and communication technology (ICT), using the Understanding page or from their own initial research on the subject. This activity is part of a series of lessons surrounding the film, "Local Voices, Global Visions."
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