Course Learning Outcomes
- Identify differences between forecasting method.
- Use statistical tools to select the appropriate forecasting model.
- Use statistical tools to evaluate the performance of the forecasting model.
- Demonstrate basic understanding of scientific experiments.
- Use graphical and quantitative means to analyze and interpret data.
- Model data to make estimation about system behavior.
- Identify and build appropriate forecasting models for real-life industrial engineering problems.
- Make effective use of statistical software to support forecasting analysis.