Business Statistics
Course Content from McGraw HillOverall Rating  

Content Rating 
This online statistics course familiarizes students with the basic concepts of business statistics and provides a comprehensive overview of its scope and limitations. Students become familiar with statistical analysis of samples, compute the measures of location and dispersion, and interpret them for descriptive statistics. Similar to other online college statistics courses, lessons demonstrate linear regression, multiple regression, correlation analysis, model building, model diagnosis, and time series regression using various models. The course also describes basic concepts of probability and applies the discrete and continuous distributions of probability. Other topics in this online statistics course include constructing a hypothesis on one and two samples, performing oneway and twoway analysis of variance, applying nonparametric methods of statistical analysis, and making decisions under risk or uncertainty. If you've been considering an online college statistics course, this is the one.
 Self Paced
 Mathematics
 Content by McGraw Hill
After completing this course, you will be able to:
 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 oneway and twoway analyses of variance (ANOVA).
 Apply nonparametric methods of statistical analysis.
 Perform model building and model diagnoses.
Topic 
Lesson Topic 
Subtopics 
Objectives 
1 
Statistics: An Introduction and Basic Concepts 


2 
Descriptive Statistics: Numerical Measures 


3 
Descriptive Statistics: Representational 


4 
Probability 


5 
Discrete and Continuous Probability Distributions 


6 
Sampling Methods and the Central Limit Theory 


7 
Using Confidence Intervals in the Sampling Process 


8 
Tests of Hypothesis 


9 
Analysis of Variance 


10 
Regression Analysis 


11 
Multiple Regression Analysis 


12 
Nonparametric Methods 


13 
Process Improvement Techniques 


14 
Review 


Successful completion of Introductory and/or Intermediate Algebra courses is recommended before taking Business Statistics.
The required eTextbook for this course is included with your course purchase at no additional cost. More information on StraighterLine eTextbooks
Prefer the hard copy? Simply purchase from your favorite textbook retailer; you will still get the eTextbook for free.
The 10th edition of Lind/Marchal/Wathen: Basic Statistics for Business and Economics is a stepbystep approach that enhances student performance, accelerates preparedness and improves motivation for the student taking a business statistics course. The main objective of the text is to provide students majoring in all fields of business administration with an introductory survey of the many applications of descriptive and inferential statistics. The relevant approach taken in this text relates to the college students today as they will receive the information that is important to them in this class as well as their future careers. Understanding the concepts, seeing and doing plenty of examples and exercises, and comprehending the application of statistical methods in business and economics are the focus of this book.
StraighterLine provides a percentage score and letter grade for each course. A passing percentage is 70% or higher.
If you have chosen a to award credit for this course, your final grade will be based upon that college's grading scale. Only passing scores will be considered by Partner Colleges for an award of credit.
There are a total of 1000 points in the course:
Topic  Assessment  Points Available 
3 
Graded Exam 1 
125 
6 
Graded Exam 2 
125 
6 
Midterm Exam 
200 
8 
Graded Exam 3 
125 
13 
Graded Exam 4 
125 
14 
Graded Final Exam 
300 
Total 
1000 
It's a great course to take
It's a great course to take
It was quite entertaining.
course is very descriptive . One can get in and out knowledge of Business Stats
course is very descriptive . One can get in and out knowledge of Business Stats
The content of the course is very complete. I would have liked for it to expand a little on some explanations. Also, the course should provide all charts and tables necessary. Many are not provided because they are in the book, but when I asked on the live chat if the book was necessary they said no. So, you should either expand the information provided or say from the start that the book is necessary. In some of the tests I couldn
The content of the course is very complete. I would have liked for it to expand a little on some explanations. Also, the course should provide all charts and tables necessary. Many are not provided because they are in the book, but when I asked on the live chat if the book was necessary they said no. So, you should either expand the information provided or say from the start that the book is necessary. In some of the tests I couldn
most of the online review for the chapters are too easy and do Not appear on the quizzes. You must read the textbook carefully and do the assignments.
Use a Professor , this class is difficult
Use a Professor , this class is difficult
most of the online review for the chapters are too easy and do Not appear on the quizzes. You must read the textbook carefully and do the assignments.
It was quite entertaining.
It was a difficult course for me. I have not taken a Math course in several years. SL was definately the way to do it! I took my time and didn't move on until I knew the topic. I would recommend SL to anybody, especially students that are considering enrolling in an online college/university. It was a great way to practice managing my time and adjusting to learning independently.
To tell you the truth, the topics in this class was fun. It was also fairly easy for me since I've taken the course before in undergrad. But I'm quite disappointed on the final and the quizzes. Some of the quizzes questions are poorly written. Signs and pictures were missing from the quizzes. Some of the quizzes were graded incorrectly. This was also true with the finals. I have a very difficult time contacting the professor. At the very least the professor should be available for questions.
It is a basic statistics course with an emphasis on the business side
Easy to understand what what was expected and easy to access content.
Great delivery. The course breakdown was challenging but achievable.
I am a traveling nurse, private duty, so the ability to do the work and be mobile was good.
I didn't like this course
Easy to understand what what was expected and easy to access content.
I enjoyed doing the review the most
Great delivery. The course breakdown was challenging but achievable.
I like that I could study for a topic then take a quiz just like a regular college course, only without the tedious assignments and long wait times between taking tests. If I felt I really knew something I could take the exam that day. If I didnt I could continue to study with no pressure until I understood the material.
I am a traveling nurse, private duty, so the ability to do the work and be mobile was good.
I didn't like this course
I enjoyed doing the review the most
I liked learning how to use Excel.
I liked that I could do it at my own pace.
I liked that I could do it on my own at my own pace.
I liked that I could take it at my own pace.
I like that I could study for a topic then take a quiz just like a regular college course, only without the tedious assignments and long wait times between taking tests. If I felt I really knew something I could take the exam that day. If I didnt I could continue to study with no pressure until I understood the material.
I liked the ability to go at my own rate. The text book is well written. The overall organization of the course is good.
I liked the challenging topics
I liked the fact that it is purely selfpaced because I am one of those students who have to read things repeatedly before the information is grasped and will still have trouble with the information.
I liked the lesson layouts and the book.
I liked the lesson layouts and the book.
I liked the lesson presentations and review elements
I liked the lesson presentations, easy to follow
I liked learning how to use Excel.
I liked that I could do it at my own pace.
I liked that I could do it on my own at my own pace.
I liked the tutoring availability because it helped me whenever I needed it.
I liked the variety of learning methods to utilize, visual, powerpoint, audio, etc.
I liked the way the course was organized. I liked the example multimedia videos which take you through different topics step by step.
I liked that I could take it at my own pace.
I liked working at my own pace and getting this course done quickly.
I must admit this course was a bit boring for me. There was nothing wrong with the course format or delivery at all. It was just that I found myself struggling with the textbook sometimes because I couldn't get into it. It's hard to relate to a course when you aren't really into it. I did get through it though and I passed so I am happy.
I really liked the selfpaced theory in the course. The youtube videos were great and did a good job of applying the material.
I think my experience was partly my fault, because i had never taken an online course and Business Statistics was one that i should have never taken online. I was never able to use my free tutoring hours because I could never get on the Black board. All of the quizes that I took, I wanted to get the answers so that I could review and see what I did wrong, which I think would have been extremely helpful to me. I would have never and do not know anyone that I would have shared the answers with.
I thought it was pretty tough.
It was fast and in my budget
One of my academic strengths is test taking, therefore I appreciated that this course utilized testbased evaluation for grading purposes.
Selfpaced. Good lectures.
The book was great and the slides were marginally helpful.
the easy access was great
I liked the ability to go at my own rate. The text book is well written. The overall organization of the course is good.
The everyday examples the course lessons provided and the links for additional topic material not stated in the lesson presentation. These helped to make the infirmation more understandable and effective to learning the material.
The exam was nothing like what I expected. I didnt think there was going to be so much that we had to calculate. It was nothing like the quizzes. I didnt pass for that reason. I did study all day yesterday and all week. Its not right.
The instructional videos were extremely helpful as were the tutorial videos walking students through specific problems. I was able to make more sense of what I read in the text. This was clear and easy to understand for the most part though I find the subject matter of statistics somewhat difficult.
The powerpoint presentations associated with each course were very helpful to review key concepts prior to each exam.
The presentations were extremely helpful, and kept me interested.
I liked the challenging topics
The selfpaced approach was my reason for taking this class.
I liked the fact that it is purely selfpaced because I am one of those students who have to read things repeatedly before the information is grasped and will still have trouble with the information.
I liked the lesson layouts and the book.
I liked the lesson layouts and the book.
I liked the lesson presentations and review elements
I liked the lesson presentations, easy to follow
I liked the tutoring availability because it helped me whenever I needed it.
I liked the variety of learning methods to utilize, visual, powerpoint, audio, etc.
I liked the way the course was organized. I liked the example multimedia videos which take you through different topics step by step.
I liked working at my own pace and getting this course done quickly.
I must admit this course was a bit boring for me. There was nothing wrong with the course format or delivery at all. It was just that I found myself struggling with the textbook sometimes because I couldn't get into it. It's hard to relate to a course when you aren't really into it. I did get through it though and I passed so I am happy.
I really liked the selfpaced theory in the course. The youtube videos were great and did a good job of applying the material.
I think my experience was partly my fault, because i had never taken an online course and Business Statistics was one that i should have never taken online. I was never able to use my free tutoring hours because I could never get on the Black board. All of the quizes that I took, I wanted to get the answers so that I could review and see what I did wrong, which I think would have been extremely helpful to me. I would have never and do not know anyone that I would have shared the answers with.
I thought it was pretty tough.
It was fast and in my budget
One of my academic strengths is test taking, therefore I appreciated that this course utilized testbased evaluation for grading purposes.
Selfpaced. Good lectures.
The book was great and the slides were marginally helpful.
the easy access was great
The everyday examples the course lessons provided and the links for additional topic material not stated in the lesson presentation. These helped to make the infirmation more understandable and effective to learning the material.
The exam was nothing like what I expected. I didnt think there was going to be so much that we had to calculate. It was nothing like the quizzes. I didnt pass for that reason. I did study all day yesterday and all week. Its not right.
The instructional videos were extremely helpful as were the tutorial videos walking students through specific problems. I was able to make more sense of what I read in the text. This was clear and easy to understand for the most part though I find the subject matter of statistics somewhat difficult.
The powerpoint presentations associated with each course were very helpful to review key concepts prior to each exam.
The presentations were extremely helpful, and kept me interested.
The selfpaced approach was my reason for taking this class.