Business Statistics | 5 Credits

This course introduces the use of spreadsheets and descriptive statistics to analyze business sales data. Students organize datasets, apply spreadsheet formulas, build pivot tables, calculate measures of central tendency and variability, and create effective charts and tables.
Students interpret findings and communicate business insights through written reports and presentations tailored to management audiences, emphasizing clear, accurate, and persuasive communication.

Students apply probability, probability distributions, estimation, confidence intervals, hypothesis testing, and chi-square methods to business data. Emphasis is placed on selecting appropriate statistical techniques and interpreting their results.
Students analyze a business scenario, explain unexpected findings, and prepare an executive report that presents statistical evidence, conclusions, and recommendations.

Prerequisites

• MATH 105C Application of Algebraic Methods to Model and Solve Business Problems
• BAOS 300x Sales Data Analysis and Communication Using Spreadsheets and Statistics

This course develops skills in regression analysis and analysis of variance (ANOVA) for business decision-making. Students select appropriate statistical models, examine relationships among variables, and interpret quantitative results.
Using applied datasets, students evaluate findings, address limitations or contradictory evidence, and communicate conclusions in a professional executive report.

Prerequisites

• BAMA 300x Business Analytics I