Jun 06, 2025  
2025-2026 Catalog and Student Handbook 
    
2025-2026 Catalog and Student Handbook

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