The course focuses statistics to solve management problems. Topics cover business data description and interpretation, probability, discrete and continuous random variables, estimation, hypothesis testing, and regression analysis.
Weekly Live Classroom: https://zoom.us/j/8228483802 (Every week on Wednesday at 6:00 PM)
Google Classroom Link: https://classroom.google.com/c/MzI5NDg5Nzk0MDcz?cjc=gsfee67
At the conclusion of this course, students will have a better understanding of the discipline which will serve students in their business careers and real-world experiences. Specifically, students will:
- Develop an understanding of sampling techniques;
- Use tables and graphs to interpret statistics information;
- Develop skills in using and understanding formulas for calculating descriptive statistics such as mean, median, variance and standard deviation;
- Use the appropriate tables to find probabilities and critical values;
- Develop the ability to draw conclusions and make statistics inference based on sample data;
- Use the appropriate technology available with graphing calculators and computers in analyzing data and presenting statistical information;
- Develop an appreciation and understanding of the nature of statistics;
- Develop an awareness of the potential uses of statistics in daily life.
Prerequisite TS 110 College Algebra or equivalent background upon instructor’s consent.
Textbook: Introductory Business Statistics, by Alexander Holmes, Barbara Illowsky, Susan Dean and Kevin Hadley. OpenStax.