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Course Prefix: IE   Course #: 412   Keywords: null   showing 1 to 1 of ~1

IE 412LEC Decision Analysis


Decision analysis that extends the domain of decision-making problems from those considered in traditional statistical hypothesis testing scenarios: modeling decisions, which emphasize structuring decision problems using techniques such as influence diagrams and decision trees; modeling uncertainty, which covers subjective probability assessment, use of classical probability models, Bayesian analysis, and value of information; and modeling preferences, which introduces concepts of risk preference, expected utility, and multi-attribute value and utility models. This course is dual-listed with IE 512.

Credits: 3
Grading: Graded (GRD)
Typically Offered: Fall
Prerequisites: EAS 305 or EAS 308. Industrial Engineering Majors only.
Published: Oct 13, 2020 13:33:43