PAM 5690

Regression Analysis and Managerial Forecasting

Course Description

Course information provided by the Courses of Study 2022-2023. Courses of Study 2022-2023 is scheduled to publish mid-June.

Teaches various statistical methods for managerial decision making, with a particular emphasis on regression and forecasting. Other topics include ANOVA, correlation, confounding, interaction, and statistical process control. Emphasizes applications to health care organizations.

When Offered Fall.

Prerequisites/Corequisites Prerequisite: at least one statistics course.

• Be able to understand basic statistical data presentations using averages, standard deviation, tstatistics, and hypothesis tests.
• Use bi-variate and multivariate regression analysis techniques.
• Use dummy variables and fixed effects to analyze cross-state data.
• Use dummy variables and trend variables to analyze seasonal trends and make short-run forecasts.
• Understand the issues of endogeneity, correlation and causation when analyzing the relationship between variables.

View Enrollment Information