Business Statistics




Upon the completion of this course you should be able to:

    1. Frame and formulate management decision problems.
    2. Understand the basic concepts underlying quantitative analysis.
    3. Use sound judgment in the applications of quantitative methods to management decisions.
Interpret and evaluate results of quantitative analysis

Course Description:

Statistics is a course that is designed to give you the basic tools of collecting, analyzing, presenting, and interpreting data. In the business community, managers must make decisions based on what will happen to such things as demand, costs, and profits. These decisions are an effort to shape the future of the organization. If the managers make no effort to look at the past and extrapolate into the future, the likelihood of achieving success is slim. In other words, there are four reasons why we need to understand statistics. 


Lesson 1 Data Description
Lesson 1 Quiz
Lesson 2 Descriptive Statistics
Lesson 2 Quiz
Lesson 3 Hypothesis Testing
Lesson 3 Quiz
Lesson 4 Regression Basics
Lesson 4 Quiz
Lesson 5 Multiple Regression
Lesson 5 Quiz
Lesson Review
Lesson 6 Hypothesis Testing
Lesson 6 Quiz
Lesson 7 Introduction to Probability
Lesson 7 Quiz
Lesson 8 Discrete and Continuous Probability Distributions
Lesson 8 Quiz
Lesson 9 Comparisons Involving Means
Lesson 9 Quiz

Final Exam


  1. The Practice of Business Statistics, Using Data for Decisions, First Edition, by David Moore, George McCabe, William Duckworth, and Stanly Sclove, W.H. Freeman and Company, 2003
  2. Upgrade Study Pack to accompany The Practice of Business Statistics

If you want to take the course please click the following link containing the lessons to complete the course. click here




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