Decision Analysis

IE-512LEC-Z

University at Buffalo

  • Semester
    Winter 2024/25
  • Instructor
    Jun Zhuang
  • Start Date
    12-27-2024
  • Total Credits
    3
  • Call to Register
    716-645-5698

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You will learn the same curriculum as our on-campus students

This is a first course in decision analysis that extends the domain of decision making problems from those considered in traditional statistical hypothesis testing scenarios. The course consists of three major sections: 1) modeling decisions, where the emphasis is on structuring decision problems using techniques such as influence diagrams and decision trees; 2) modeling uncertainty, which covers subjective probability assessment, the use of classical probability models, Bayesian analysis, and value of information; and 3) modeling preferences, which introduces the concepts of risk preference, expected utility, and multi-attribute value and utility models. This course is dual-listed with IE 412.
Course Area: Engineering
Level: Graduate
Dates: 12-27-2024 - 01-17-2025
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Instructor: Jun Zhuang
Local Course ID: 24WI_BUF_IE512_LECZ
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