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Nov 21, 2024
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MACT 210/2222 - Statistics for Business (3 cr.)
Description The course aims at acquainting the students with the basic statistical methods in a business context. The course demonstrates the relevance of the statistical methods in making decisions in the different areas of business: accounting, finance, human resource management, marketing, operations, management of information systems, and more. The course covers the following: descriptive statistics, random variables and continuous probability distributions, sampling distributions, estimation and confidence intervals, one-sample hypothesis testing, inferences from two samples, Chi-Square tests, analysis of variance and simple linear regression.
When Offered Offered in fall and spring. Notes Students can not take both MACT1221 Statistical Reasoning and MACT 2222 for credit.
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