BUSINESS STATISTICS I (2 SCU)

Learning Outcomes:

Upon completion of this course, students are expected to be able to: apply basic techniques to present and summarize data using descriptive statistics; apply basic concepts of probability and sampling distributions; apply basic techniques in hypothesis testing of one and two samples; utilize the interpretation of statistical analysis result in decision making.

Topics:

The topics covered in this course include descriptive statistics, the basic probability theory, normal probability distributions, estimation techniques, as well as one-sample and two-sample hypothesis testing. The use of statistical software using Excel is introduced and encouraged in order to better present the data summary and automate statistical calculations.

Pre-requisite: None