IE 405 Decision Analysis Select Term:
Introduction to the theory and practice of decision processes under uncertainty; use of decision trees and influence diagrams in solving decision-making problems; assessing probabilities in modeling uncertainty; Bayesian statistical analysis; value of information; attitudes towards risk; and utility theory.
SU Credits : 3.000
ECTS Credit : 6.000
Prerequisite : Undergraduate level MATH 306 Minimum Grade of D
Corequisite : IE 405