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Oct 05, 2024
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2024-2025 Catalog & Student Handbook
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BUS 224 - Business Statistics
- credits 3
Introduces methods of probability assessment and statistical inference. Includes data presentation; descriptive statistics; basic probability concepts; discrete and continuous probability distributions; decision theory; estimation and sampling distributions; Central Limit Theorem; simple linear regression and hypothesis testing for a single sample or population. Emphasizes business and economic applications. Utilizes computer software as a tool for problem-solving.
Prerequisite: Prerequisite: MTH 161
Lecture Hour(s): 3
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