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ADSE6104 - Theoretical Underpinnings of Decision Making Under Uncertainty

Offering Academic Unit
Department of Systems Engineering
Credit Units
3
Course Duration
One Semester
Pre-requisite(s)
University level mathematics or mathematical maturity
Pre-cursor(s)
One or more courses in probability and statistics is highly desirable and strongly recommended
Equivalent Course(s)
SEEM6104 Theoretical Underpinnings of Decision Making Under Uncertainty (offered until 2021/22)
Course Offering Term*:
Not offering in current academic year

* The offering term is subject to change without prior notice
 
Course Aims

This course aims to introduce students and other interested professionals in business, engineering, mathematics, social sciences (economists) and statisticians to the foundational & philosophical issues underlying the quantification of uncertainty via probability, its relationship to utility, and to decision making under uncertainty. The course will focus on the theoretical underpinning, and a historical perspective on some of the most commonly used methodologies, like significance tests, odds ratios, hypotheses testing, Bayes’ factors, etc.

Assessment (Indicative only, please check the detailed course information)

Continuous Assessment: 25%
Examination: 75%
Examination Duration: 2 hours
 
Detailed Course Information

ADSE6104.pdf

Useful Links

Department of Systems Engineering