This is a first course in business statistics, with an emphasis on techniques for data analysis and inference in management. Students are assumed to be familiar with basic descriptive statistics, probability theory, and probability distributions. Presentation of technical material is combined with hands-on analysis of data to aid managerial decision making. Meeting will be a mix of lecture and problem-solving. There are two objectives for the course. First, to develop a conceptual understanding of statistics and the role of data analysis in management. Second, to master the mechanics of applied statistics.
Special course fee required: Students will be assessed a $20 per unit fee when registering for this course for Winter or any Summer Session.