Introduction to Business Statistics

Catalog description

This course is designed to equip students with a basic understanding of business problems, data analysis tools, and mathematical techniques. Students master essential statistics concepts, spreadsheet functions, build descriptive business data measures, and develop their aptitude for data modeling. They’ll also explore basic probability concepts, including measuring and modeling uncertainty, using various data distributions and the Linear/Multiple Regression Model to analyze and inform business decisions. The overarching goal is to teach students to use statistics and spreadsheets to analyze models and data for integrated decision-making across multiple domains, including finance, marketing, accounting, strategy, and operations