BUS224 — Business Statistics
(3 Credits) Lecture: 3 credit hours per week Introduces methods of probability assessment and statistical inference. Includes data presentation; descriptive statistics; basic probability concepts; discrete and continuous probability distributions; decision theory; estimation and sampling distributions; Central Limit Theorem; simple linear regression and hypothesis testing for a single sample or population. Emphasizes business and economic applications. Utilizes spreadsheet software as a tool for problem-solving. Prerequisite(s): Prerequisite: MTH 161
Prerequisites: MTH161