Business Statistics II

Catalog description

This course is a continuation of STA 2000 Business Statistics I with a deeper development of topics in probability, estimation, and hypotheses testing. The course emphasizes solid understanding of the theoretical underpinnings of these topics, as well as their applications to data analysis in concrete business settings. Students will learn probability laws, random variables, discrete and continuous probability distributions, Central limit theorem, point estimators, and hypotheses tests. The focus will be on both theory and business applications. The software "R" will be used throughout the course. Ethical implications of using the statistical methods covered will be discussed.