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May 31, 2024
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2024-2025 Official General Catalog
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BUS 115 - Business Statistics
Concepts and mechanics of measures of central tendency, measures of dispersion, probability, sampling theory, estimation, hypothesis testing, regression and correlation and other statistical techniques as they relate to general problems in business and economics.
Credits: 3
Hours
3 Class Hours
Course Profile
Learning Outcomes of the Course:
Upon successful completion of this course the student will be able to:
- Interpret and draw inferences from appropriate mathematical models such as formulas, graphs, tables, or schematics.
- Represent mathematical information symbolically, visually, numerically, or verbally as appropriate.
- Employ quantitative methods such as arithmetic, algebra, geometry, or statistics to solve problems.
- Calculate and utilize statistics to describe a data set, as applied to business scenarios.
- Calculate estimates of population parameters using sample data, as applied to business scenarios.
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