MAT* 166: Principles of Business Statistics3 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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