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Course Description

 

This course demonstrates how to apply selected statistical techniques to a wide variety of problems and situations arising in the areas of business, economics, finance and management.

Learning Outcomes

Upon completion of the course, the student will be able to:

  • Display quantitative data visually
  • Determine the best statistics for describing, exploring, and comparing data
  • Understand the binomial and normal probability distributions
  • Estimate population proportions, means, and variances
  • Understand and apply hypothesis testing and how to test claims about proportions, mean, and variance.
  • Understand and apply correlation and simple regression techniques
  • Understand and apply statistical quality control methods.
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