mgt425, discussion

eek 6: Interactive Learning activity

6.1 Learning Outcomes:

  • Find some structured ways of dealing with complex managerial decision problems.
  • Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.
  • Demonstrate the tools for deciding when and which decision models to use for specific problems.
  • Build an understanding of the kind of problems that is tackled using spreadsheet modeling and decision analysis.

6.2 Action Required:

Read the following chapter of your Textbook.

Chapter 5: Data Exploration and Visualization

6.3 Test your Knowledge (Question):

  • Explain various types of Categorical and Numerical Data with examples.
  • Discuss the Data Exploration process.
  • 6.4 Instructions

    • Answer both questions in test your knowledge section.
    • Post your answer in the discussion board using the discussion link below (Week 6: Interactive learning Discussion)

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