This course introduces the theory and practice of decision processes under uncertainty. Under this main topic, it covers such sub-topics as the use of decision trees and influence diagrams in solving decision-making problems, assessing probabilities while modeling under uncertainty, analysis using Bayesian statistical models, value of sampling and perfect information, attitudes towards risk, and the utility theory.
SU Credits : 3.000
ECTS Credit : 6.000
Prerequisite :
Undergraduate level MGMT 203 Minimum Grade of D
OR ( Undergraduate level MATH 306 Minimum Grade of D )
Corequisite :
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