Statistics
BackThe aim of this course is to enable participants to familiarise themselves with the main statistical tools used in business for making a better decision.
Statistics are present in order to describe, explain and plan.
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Kim Van Campfort
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"I have always liked to analyse data but have never been fond of math and its ‘funky’ letter abbreviations. The Statistics class was a real eye-opener and taught me how to use math to analyse data and this helps me to perform better in my daily tasks." Kim Van Campfort, Full-time MBA 2010 |
| "Since high school, I kept a sour souvenir from the statistics class. I wouldn't want to touch it ever again. When I found out that the first class of the MBA was "statistics for managers", I really thought I would be lost. Our professor Xavier Boute brought the light and the love back in. He didn't get us lost in long and overwhelming formulas. However his teaching used real life management examples that demonstrated the need for statistical methods to make the best decision possible in the given situation. For example: estimate the risk associated with an investment, establish a price positioning, define a cluster of customers for a related product, segment an offer based on market factors... At the end of the day, it is up to us manager to live by the decision we take and statistics are there to back us up. Today in my job, without statistics I wouldn't have the same accuracy to set-up the product line plan and to manage the inventory." Sebastien Marcq, Part-time MBA 2011 |
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Sebastien Marcq
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Boute Xavier
ProfessorStatistics
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