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.
Select an appropriate chart type for given data sets.
Identify misleading graphs.
Descriptive Statistics
Recognize statistical symbols.
Distinguish between a population and a sample.
Compute a mean, median, and mode.
Compute range, variance, and standard deviation.
Probabilities
Recognize probability notation.
Solve probability problems with various counting methods.
Normal Distribution
Distinguish between discrete and continuous random variables.
Recognize the characteristics of a standard normal distribution.
Compute an interval estimate with the empirical rule.
Sampling
Identify various sampling methods.
Develop sample survey questions.
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