STAT 2010 - Statistical Concepts-Business

Credits: 4
Students examine statistical concepts used in business applications. Students identify types of data and their appropriate descriptive and inferential statistics; calculate and interpret descriptive measures for data sets; explore the role of probability distributions in statistical inference; construct confidence intervals; conduct and interpret one-group and two-group hypothesis tests; apply the appropriate statistical technique to solve various business applications; and use statistical computer software. Credit cannot be earned in more than one of the following courses: STAT 2010, STAT 2050 and STAT 2070.

Prerequisite: Completion of ENGL 1010 or equivalent placement and MATH 1400 or higher, or equivalent placement.