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Name of course : Decision Analytic Modeling
Description : Analysis of decision problems involving risk and uncertainty. Modeling decision process; Bayesian probability analysis, use of information, and subjective probability; utility theory and multiattribute utility assessment; dynamics of interacting with decision makers and subject matter specialists; decision trees, influence diagrams and other tools to assist in modeling decision problems. Laboratory develops skill in implementing methodology.
Prerequisites : MA 421 or ST 421 plus ST 511 or ST 516
Corequisites :
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