BUS 210 - Business Statistics

Credit(s) 3.00
Lecture Hours: 3.00
Lab Hours: 0
Clinical Hours: 0
Co-op Hours: 0

This course will develop an in-depth knowledge of the following statistics principles: frequency distributions, cumulative frequency distributions, relative frequency distributions, histograms, measures of central tendency, measures of dispersion, probability, the Central Limit theorem, confidence interval estimates, methods of sampling, hypothesis testing, analysis of variance, correlation analysis, linear and multiple regression analysis, chi-squared test, time series and forecasting, statistical quality control, and statistical decision-making. No

Prerequisite(s):

MAT 156

SLOs:
Upon successful completion of this course, students will be able to:

Identify key statistical terms, data types, and measurement scales used in business.
Compute and interpret descriptive statistics to summarize business data.
Apply probability rules and distributions to analyze business problems involving risk.
Construct and interpret confidence intervals and hypothesis tests for population inferences.
Analyze variable relationships using correlation, regression, and time-series methods.
Design a simple statistical study to support business decisions.
Evaluate a simple statistical study to support business decisions.