Apr 28, 2024  
2020-21 Catalog 
    
2020-21 Catalog [ARCHIVED CATALOG]

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MAT* 166: Principles of Business Statistics

3 Credits
An introduction to statistical theory and its business applications. The use of statistics as a decision-making tool will be discussed. Topics include: data collection, organization and summarization, measures of central tendency and variation, counting techniques, introductory probability theory, discrete and continuous probability models, normal distribution theory, sampling distributions, confidence interval estimation, one sample hypothesis testing, and linear regression. A statistical calculator is required and will be used throughout. Business Applications of statistical techniques will use the Minitab Statistical Software Package. This course is only open to business majors.

 
Prerequisites: “C” or better in MAT* 138  or MAT* 139  or “C” or better in both MAT* 095  and MAT* 109  , or “C” or better in MAT* 096  and MAT* 109 , eligibility for ENG* 101 .
Offered: Fall



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