Statistics

Statistics introduces students to elements of statistical concepts, techniques, and tools for collecting, analyzing, and drawing conclusions from data as applied in business. The course focuses on the student as a user and producer of statistics to inform and support decision-making in business, with emphasis on the use of business oriented computer statistical instruments. Students are exposed to four broad conceptual themes:
1. Exploring Data: describing patterns and departures from patterns
2. Sampling and Experimentation: planning and conducting a study
3. Anticipating Patterns: exploring random phenomena using probability and simulation
4. Statistical Inference: estimating population parameters and testing hypotheses
Students who successfully complete the course will learn how to organize and describe distributions of data using many different mathematical methods. Given visual displays of the distribution of several variables, students will compare and contrast the distributions. Student will determine and discuss the center, spread, symmetry, skewed distributions, and outliers of given data. Prerequisite: Integrated Math 3 or Integrated Math 3 STEM