Managerial Statistics

Catalog description

This course provides MBA students with the statistical tools and concepts needed in business applications. Students will learn quantitative analysis critical for business decision making. Emphasis will be placed on understanding data analysis and interpretation. Topics include: interpretation of descriptive measures; applications of probability and the normal distribution; confidence interval estimation; hypothesis testing; simple linear regression models; and multiple regression models. The students will use standard spreadsheet software to work with data and apply the concepts learned. Discussions of ethical issues are integrated throughout the course. This course will enhance skills in critical thinking, as well as oral and written communication. Techniques learned in this course can be immediately put to use by the student.