In this course, students explore statistical methods used in business and economics for the collection, organization, analysis, and interpretation of data. Topics include descriptive statistics, probability, probability distributions, sampling methods, estimation, hypothesis testing, comparisons of means and proportions, analysis of variance (ANOVA), correlation, and regression analysis. Emphasis is placed on practical applications and data-driven decision-making in business and economic contexts. Students use technology to apply statistical techniques to real-world problems.
Prerequisites: ACG 2071, STA 2023, MAC 2233, MAC 2311