Course Title:
Business StatisticsCourse Objectives: This course is about analyzing data for making decisions. Students learn to analyze, interpret, and present the different types of data. Microsoft Excel is the primary tool of analysis. To gain a true understanding of statistics is a major intellectual achievement, one of which the student can truly be proud. The course concentrates on the following ability areas: decision making, critical thinking, communication, and information sytems & technology, in addition to other competencies as deemed appropriate by the professor.
Textbook:
Statistics for Managers: using Microsoft Excel, 2nd ed., Levine, Berenson & Stephan, Prentice-Hall, 1999.
Core Material (covered in all sections of this course):
Univariate descriptive statistics
Data types; tables, graphs, and charts; numerical
description of data
Bivariate descriptive statistics
Contingency tables; regression & correlation
analysis
Probability
General probability; discrete & continuous
probability distributions; sampling distributions
Univariate Inferential statistics
Estimating population means, individual values, and
population proportions
Testing hypotheses about a population mean and a population
proportion