MAT-165 Statistics for Business and Economics

This course investigates the application of statistical tools to practical exercises and cases from the disciplines of business and economics. While introductory statistical concepts will be reviewed; familiarity with elementary statistics, normal distributions, and statistical notation is highly recommended. Exercises, practical applications, and case problems will be used to guide student investigation of probability and sampling distributions, interval estimation, hypothesis testing, comparison of means, and regression. Special attention will be given to ANOVA, multiple regression, and statistical methods for product and service quality control. Total of 45 hours of lecture. Prerequisite: MAT 164. Semester offered: Periodically. 3 Credits.