BUS 116 - Statistics for Business Decision Making

3 units
3 hours lecture
Prerequisite: Intermediate algebra, has met the standards of the Common Core State Standards for Mathematics (CCSSM) from high school, or equivalent
Credit, degree applicable
Transfer CSU, UC

This course takes a business focused approach to statistical analysis. Students will collect, clean, process, present, and interpret numerical data for the purpose of making effective business decisions. Key topics include: hypothesis testing, measures of central value and spread, confidence intervals, development of projections, probability distributions, sampling methods, hypothesis testing, Analysis of Variance (ANOVA), regression and correlation. Students will apply these methodologies and use inferential thinking to make decisions in areas such as operations, marketing, sales, economics, and human resources.