University Of Denver
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Identify the objective, decision cells, and constraints in an optimization problem. Set up an optimization problem in Excel. Set up Solver to solve an optimization problem in Excel.
Explain the central limit theorem. Apply the empirical rule to a normal data set. Apply Chebychev's theorem to a non-normal data set. Calculate z-scores for values in a data set. Identify outliers in a data set using z-scores.
Explain how measures of dispersion describe variability in a data set. Identify skewness and kurtosis in a data set. Calculate the variance and standard deviation of a data set.
Construct a box plot to visualize the 5-number of summary of a data set. Match a frequency distribution to a corresponding box plot. Calculate the upper and lower fences for outliers using the interquartile range. Identify outliers using the interquartile range method.
Explain the measures of central tendency. Calculate the mean, median, and mode of a data set. Calculate the range, quartiles, and interquartile range of a data set. Construct a 5-number summary of a data set.
Explain the difference between descriptive and inferential statistics. Identify the types of data and levels of measurement. Calculate relative and cumulative frequencies frequencies. Use pivot tables to explore a new data set.
Distinguish between quantitative and qualitative data. Understand the distinction between different types of statistics and analytics. Explain how data analysis is used to inform business decision-making. Identify the primary steps in the data analysis lifecyle.
Concepts of globalization and international trade, examining their impact on economies, businesses, and societies from a macro perspective Globalization How global trade works Impact from global trade
Roles and responsibilities of business in society, focusing on the evolution of corporate social responsibility from the Triple Bottom Line concept to the more comprehensive ESG (Environmental, Social, and Governance) framework Triple Bottom Line Environmental, Social and Governance
Business strategy, examining successful approaches employed by well-known companies and analyzing why some businesses thrive while others fail Key concepts like competitive positioning, red and blue ocean using real-world examples to illustrate how effective strategies can lead to long-term success in dynamic market environments Why strategy is important in business Strategic vs Tactical decisions Competitive advantage Blue & red oceans