This course prepares students to apply statistics and probability concepts to business decisions. Students learn important criterion for developing effective research questions, including the creation of appropriate sampling populations and instruments. Other topics include descriptive statistics, probability concepts, confidence intervals, sampling designs, data collection, and data analysis – including parametric and nonparametric tests of hypothesis and regression analysis.
Descriptive Statistics and Probability Distributions
Compute descriptive statistics for given data sets.
Apply probability concepts related to discrete and continuous probability.
Correlation, Linear Regression, and Multiple Regression Analysis
Perform correlation, linear regression, and multiple regression analysis.
Perform variance and chi-square analyses.
Conduct one- and two-sample tests of hypotheses.
Construct effective questionnaires and surveys.
Determine appropriate measurement scales for a given research design.
Research Methods and Business Decisions
Apply concepts of probability to business decisions.
Research and Sampling Designs
Construct confidence intervals for a mean.
Apply the central limit theorem to sample means.
Construct a research design appropriate to given research questions.
Formulate effective research questions.
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While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Advisor.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.