This course emphasizes understanding and determining statistical techniques, topics and software used in commerce. The course includes descriptive statistics, which addresses methods of organizing, summarizing and presenting business data in an informative way; and inferential statistics, which discusses methods for sampling data to determine something about a population. Topics include data analysis, probability and significance, sampling distributions, estimation, and means and hypothesis testing. Prerequisites:BM 301 and MTH 111 (or equivalent) or MTH 305. 5 crs.
This course information is from the 2017-2018 Undergraduate and Graduate Catalog. View this catalog.