Mar 25, 2023  
Spring 2017 Catalog and Handbook 
Spring 2017 Catalog and Handbook [ARCHIVED CATALOG]

BUS 310 - Foundations of Business Statistics (3 Credits)

Prerequisite: CIS 101  and BUS 210 
This course introduces students to the principles and methods of statistics, particularly the importance of using statistics in business decision-making. They will learn about presenting data and descriptive statistics including measures of location, dispersion, and skewness. They will also learn discrete and continuous probability distributions, including the binomial and normal distributions. Sampling, hypothesis testing, significance tests, correlation, and simple regression are covered, with an emphasis on business applications. The importance of ethics in research will be stressed throughout. Computer-based statistical analysis tools are used extensively.