MAT 312 Business Statistics

This course introduces the student to the scientific method of collecting, organizing, and interpreting quantitative data in real-world business applications.  Students are introduced to ways of making wise choices in the face of uncertainty and ways to recognize developing situations that may require corrective action.  This course reviews measures of central tendency and dispersion, graphical representations of data, probability and random sampling.  This course thoroughly covers the normal distribution, confidence intervals, hypothesis tests for one and two sample population means, proportions, variances, goodness of fit and association.  In addition, linear correlation and regression will be studied.  The use of Microsoft Excel is incorporated into this course.