BUS 224* - Business Statistics

(3 CR)

Prerequisite(s): MTH 161* with a grade of “C” or better

Course Type: Intended for Transfer

Description: Introduces methods of probability assessment and statistical inference. Includes data presentation; descriptive statistics; basic probability concepts; discrete and continuous probability distributions; decision theory; estimation and sampling distributions; Central Limit Theorem; simple linear regression and hypothesis testing for a single sample or population. Emphasizes business and economic applications. Utilizes computer software as a tool for problem-solving. Lecture 3 hours per week.