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QMB 5304 Introduction to Managerial Statistics

This QMB 5304 Introduction to Managerial Statistics course provides students with the mandatory quantitative skills for a foundation in business. Topics embrace a review of basic arithmetic relevant to business, together with basic pure mathematics and applications of linear and nonlinear relationships, improvement, descriptive statistics, random variables, general chance distributions, and also statistical distribution.

Learning outcomes:

1. Summarize, tabulate, plot, and professionally give data for an audience together with measures of location, relative location, variability, and the association between 2 variables.

2. Apply a range of chance distributions in numerous areas of business.

3. Construct interval estimates for a range of hypothesized parameters.

4. Set up, develop, and check hypothesized parameters together with distribution-free ways.

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