**Textbook:** *Business Statistics, 4th edition.* Norean R. Sharpe, Richard D. De Veaux, and Paul F. Velleman, (c) 2019, Pearson Education Inc.

The content detail below covers material from Chapters 1-19.

**Course Coordinator: **Chelsea Romito

**Catalog Course Description:**

To introduce statistical concepts and methods useful in analyzing problems in all areas of business and economics. In addition to learning the concepts, applications will be addressed in: Descriptive Statistics, Discrete and Continuous Probability Distributions, Sampling Distributions, Confidence Intervals, Hypothesis Testing, and Regression Analysis.

**Objectives:**

The purpose of this course is to provide the students with a sound conceptual and practical introduction to statistics and its applications in the business and economic fields. Upon completion of the course, a student will be able:

- To recognize business situations that require the use of statistical tools of analysis.

- To select and execute the appropriate statistical tool for a specific business situation.
- To develop critical judgment and decision-making ability through the use of quantitative tools and statistical software.
- To address ethical issues when presenting and interpreting statistical information.

**Topical Coverage:**

I. Numerical and Graphical Summaries

II. Probability Distributions

III. Methods of Inferential Statistics

IV. Regression and Correlation Analysis