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Course DescriptionBusiness Statistics
This course covers the principles and methods of elementary statistics theory and methodology with an understanding of the role of statistics in business and practical affairs. Emphasis is on using statistical methods as an analytical tool. Topics covered include sources of basic data, tabular and graphic presentation, frequency distributions, averages, measures of dispersion, probability, sampling methods, confidence intervals, hypothesis testing, and, simple regression. Focus is on computerized calculations using Excel, and case studies. A background in Excel is recommended strongly. Prerequisite: CITA 101 or OFFT 110 and MAGN 101, or permission of instructor. 3 credits (3 lecture hours), fall or spring semester