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BUSN 5760 Applied Business Statistics

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Short introduction of the course:

In this BUSN 5760 Applied Business Statistics course, the students will analyze the application of the statistical analysis, hypothesis testing, along with regression analysis in the business decision making. The above-stated course mainly emphasizes on the deployment of statistical methods as implemented to the business problems and operations.

Course outcomes: After completing the course:

  • Students can explain fundamental statistics concepts and implement proper sampling methods.
  • Students can calculate fundamental descriptive statistics.
  • Student can depict a normal distribution and implement the concepts of the normal distribution to that of sampling distributions.
  • Students can build confidence intervals for both the numerical and categorical data, and can implement to a real-world business scenario.
  • Students can employ numerical or categorical data to evaluate the validity of statements made in the business setting.
  • Students can conduct simple and multiple regression analysis.
  • Students can find out expected wealth in an uncertain business climate.
  • Students can implement diverse advanced forecasting methods.

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