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Nov 22, 2024
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BUS 2123 - Business Statistics** 3 Credits
An introduction to statistics used in business decisions and applications. Course content includes data analysis, probability, discrete and continuous distributions, estimation, averages, sampling, and hypothesis testing.
Prerequisite: MATH 1123 - College Algebra* ; Computer Literacy.
Course Level Objectives
Upon successful completion of this course the student will be able to:
1. Compute and interpret given data. (GEO 2, 3)
2. Create/Design tables and graphs based on given data to communicate professionally with a variety of audiences. (GEO 1, 2, 3, 4)
3. Determine measures of location and variability. (GEO 2, 3)
4. Determine the probability of certain outcomes. (GEO 2, 3)
5. Apply discrete probability distributions. (GEO 2, 3)
6. Apply continuous probability distributions. (GEO 2, 3)
7. Take samples from a population and determine the sampling distribution of the samples. (GEO 2, 3)
8. Construct confidence intervals. (GEO 2, 3)
9. Conduct hypothesis tests. (GEO 2, 3)
10. Estimate population variances for given data. (GEO 2, 3)
ACTS Equivalent Course Number: BUS 2103
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