This course provides business applications of descriptive and inferential statistics, measurement of relationships, and statistical process management including the use of spreadsheet software for business statistical analysis.
Prerequisites
MAT 142 with a grade of "C" or higher or mathematical proficiency according to District policy.
Student Learning Outcomes
- Collect, organize, present, analyze, and interpret numerical data using frequency distributions and graphical presentations.
- Calculate and interpret descriptive statistics for raw and grouped data.
- Use discrete and continuous probability distributions in probability applications.
- Explain probability sampling and sampling distributions in probability applications.
- Use statistical inference techniques and confidence levels for decision making when testing hypotheses.
- Use regression and correlation analysis and interpret results.
- Explore forecasting techniques and decision analysis in a variety of business applications.