Business Statistics

MTH157

Introduction of frequently applied statistical methods with an emphasis in business applications. Topics include graphical summaries; descriptive statistics; linear regression and correlation; elementary probability; binomial, Poisson, and normal distributions; time series analysis, and confidence intervals and tests of hypotheses for one and two samples. A graphing calculator and/or a statistical software package is used to assist in achieving course outcomes. Students satisfying a quantitative thinking core foundation requirement with MTH 157 cannot also use MTH 159 or MTH 161 to satisfy an additional quantitative thinking core foundation requirement.

3 Credits: 3 Lecture

Prerequisites:
Placement by Examination; or
MTH005

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