Statistical Techniques in Business

Prerequisite: A grade of C or better in MATH 1105 or MATH 1115 or MATH 1130, or MATH 1140 or MATH 1150 or a score of 570+ in SAT Mathematics or a score of 24+ in ACT Mathematics or an appropriate score on the placement test.

This course provides students majoring in management, marketing, finance, accounting, economics, and other fields of business administration with an introductory survey of the many applications of descriptive and inferential statistics. The focus is on business applications that are used to solve business problems. Topics include data exploration, probability distributions, confidence internal, hypothesis testing, analysis of variance, correlation and regressions analysis, nonparametric methods, and statistical process control and quality management. Use of computer tools for carrying out statistical analysis is also a major emphasis.

Credit: 3