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Statistical Decision Making (45-752)

Tepper School of Business, Carnegie Mellon University

Getting Started

Google Colab (Recommended)

  1. Open any notebook in Google Colab.
  2. Run the first two code cells — they will automatically:
    • Install tprstats from GitHub
    • Download required data files from this repository
  3. No Google Drive mounting needed!

Local Setup (Optional)

  1. Clone this repository:
    git clone https://github.com/mhnam/statistical-decision-making.git
    cd statistical-decision-making
  2. Create a virtual environment and install dependencies:
    python -m venv .venv
    source .venv/bin/activate   # macOS/Linux
    # .venv\Scripts\activate    # Windows
    pip install -r requirements.txt
  3. Open any notebook in the notebooks/ or assignments/ folder.

Folder Structure

├── data/                  # All course datasets (.xlsx)
├── notebooks/             # Lecture notebooks (01_notebook.ipynb, 02_notebook.ipynb, ...)
├── assignments/           # Assignment starter notebooks and solutions
├── guides/                # Setup guides (e.g., install_tprstats.ipynb)
└── */legacy/s25/          # Previous semester (Spring 2025) materials

Data Loading

Each notebook includes a setup cell that handles data loading automatically. The cell detects whether you are running in Google Colab or locally. If data files are not found locally, they will be downloaded from this GitHub repository automatically.

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