Introduction To Business Statistics – qnt273 (3 credits)

This course introduces the techniques used for the visualization of numerical data and descriptive statistics in business. Topics will include an introduction to probabilities and sampling.

This undergraduate-level course is 5 weeks. This course is available as part of a degree or certificate program. To enroll, speak with an Enrollment Representative.

Sampling

  • Identify various sampling methods.
  • Develop sample survey questions.

Descriptive Statistics

  • Distinguish between a population and a sample.
  • Recognize statistical symbols.
  • Compute a mean, median, and mode.
  • Compute range, variance, and standard deviation.

Visualization of Data

  • Identify misleading graphs.
  • Recognize ordinal and nominal data.
  • Prepare a frequency distribution.
  • Select an appropriate chart type for given data sets.

Probabilities

  • Recognize probability notation.
  • Solve probability problems with various counting methods.

Normal Distribution

  • Distinguish between discrete and continuous random variables.
  • Compute an interval estimate with the empirical rule.
  • Recognize the characteristics of a standard normal distribution.

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