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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