This course presents statistical analysis and quantitative tools for applied problem solving and making sound business decisions. Special attention is given to assembling statistical description, sampling, inference, regression, hypothesis testing, forecasting, and decision theory. Course Outcomes: 1. Understand the meaning and use of statistical terms used in today’s business/economic environment. 2. Collect, organize, summarize, interpret, and present data in tables and charts. 3. Apply descriptive statistical measures to data. 4. Apply probability distributions to model various business and economic processes. 5. Apply statistical inference techniques (including statistical estimation and hypothesis testing) in various business and economic situations. 6. Apply simple linear regression analysis to model various business and economic relationships.

Creator

• Linn Benton Virtual College

Subject

• Marketing

Related url

•  https://canvas.instructure.com/courses/1314398
•  https://www.skillscommons.org/handle/taaccct/13009

Resource type

• Full Course