Business Statistics I

Catalog description

Credits: 3 Prerequisite: MA 113 or MA 123 This course is an introduction to business statistical analysis and interpretation with special attention towards business decision making. Topics covered in this course include statistical decision-making and its applications within business disciplines such as but not limited to marketing, operations/production, economics, finance, and accounting with specific reference to probability, frequency distribution, random variables, sampling distributions, correlation, regression, central tendencies, standard deviation, and hypothesis testing. Students will utilize an applications approach to these topics in order to discern which tool is appropriate and to apply the appropriate tool to the unique business decision making context