COMM 291 Applications of Statistics in Business
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This COMM 291 Applications of Statistics in Business course unit basically deals with the assortment, presentation, assessment and interpretation of data in the business setting. The course unit covers the two particulars of statistics specifically: Descriptive Statistics and Inferential Statistics. The course embraces topics, such as, steps in statistical investigation, measures of central location, measures of dispersion, frequency distribution, concepts of probability, probability distribution, simple linear regression and correlation analysis, concept of hypothesis and hypothesis testing.
The aim of this unit is to offer students an understanding of how statistics works in the business. Students beneath this course will study about the fundamentals of data analysis along with the basic notion of statistical inference. The above stated course will also offer a base for the application of the fundamental techniques in a broad variety of domestic and global business circumstances and scenarios.
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