Probability Theory and Introductory Statistics

Catalog description

Introduces statistics for business analytics from an analysis-of-data viewpoint. Topics include frequency distributions; measures of location; mean, median, mode; measures of dispersion, variance, graphic presentation; elementary probability; populations and samples; sampling distributions; and categorical data. Includes a preliminary introduction to regression and correlation. Uses statistical software (for data analysis during analytic project assignments) to provide a hands-on experience to observe how probability and statistics, scripting, and basic data management impact decision making at all levels within a corporation.