Statistics for Business I

(3 Credit Hours) · Undergraduate

For achieving a qualifying score on the appropriate Advanced Placement (AP) exam, students earn credit for this course as the exam credit equivalent of ACMS 10145 . A conceptual introduction to the science of data for students of business. Descriptive statistics: graphical methods, measures of central tendency, spread, and association. Basic probability theory and probability models for random variables. Introduction to statistical inference: confidence intervals and hypothesis tests. Many examples will be based on real, current business and economics datasets. Calculations will be illustrated in Microsoft Excel.