BUSINESS *Q600 / Applied Business Statistics

3 unit(s)

This course introduces the methods of statistical analysis for managerial decision making. The computer is used as a tool and extensive use is made of statistical software packages. The course provides a concise review of probability, descriptive statistics, random variables, and probability distributions. Application topics include statistical decision theory, confidence intervals, hypothesis testing, simple and multiple regression, correlation analysis, analysis of variance, and chi-square tests.