QMB2100-Business Statistics-418360

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Course Description

This course demonstrates how to apply selected statistical techniques to a wide variety of problems and situations arising in the areas of business, economics, finance and management. 

Learning Outcomes

Upon completion of the course, the student will be able to:

·       Display quantitative data visually

·       Determine the best statistics for describing, exploring, and comparing data

·       Understand the binomial and normal probability distributions

·       Estimate population proportions, means, and variances

·       Understand and apply hypothesis testing and how to test claims about proportions, mean, and variance.

·       Understand and apply correlation and simple regression techniques

·       Understand and apply statistical quality control methods.