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

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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