$79
Plus membership
3 Credits
All courses include:
eTextbooks
2 to 3-day turnaround for grading
Multiple chances to improve your grade
On-demand tutoring & writing center
Student support 7 days a week
$79
Plus membership
3 Credits
All courses include:
eTextbooks
2 to 3-day turnaround for grading
Multiple chances to improve your grade
On-demand tutoring & writing center
Student support 7 days a week
$79
Plus membership
3 Credits
About This Course
ACE Approved 2021
Business Statistics familiarizes you with the basic concepts of business statistics while providing a comprehensive overview of its scope and limitations. Throughout the course you will perform statistical analyses of samples, compute the measures of location and dispersion, and interpret these measures for descriptive statistics. Business Statistics also reviews linear regression, multiple regression, and correlation analysis along with model building, diagnosis, and time series regression.
Course Outcomes
Define statistics and identify its scope and limitations.
Describe and apply the basic concepts in statistics.
Apply the sampling methods and the Central Limit Theorem to perform statistical analyses of samples and to predict population behavior.
Compute and interpret measures of location and dispersion.
Represent the statistical data in different forms and interpret the different representations.
Perform linear regression and correlation analysis.
Perform multiple regression and correlation analysis.
Describe the basic concepts of probability.
Describe and apply the discrete and continuous distributions of probability.
Conduct hypothesis tests based on one or two samples.
Perform one-way and two-way analyses of variance (ANOVA).
Apply nonparametric methods of statistical analysis.
Perform model building and model diagnoses.
Course Text
Prefer the hard copy? Simply purchase from your favorite textbook reseller; you will still get the eTextbook for free. The required eTextbook for this course is included with your course purchase at no additional cost.
Basic Statistics for Business and Economics
Lind, Douglas A., Marchal, William A. and Samuel A. Wathen. Basic Statistics for Business and Economics, 8th edition, McGraw-Hill/Irwin, 2013, ISBN: 9780073521473
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