Apr 11, 2021  
2020-2021 Academic Catalog 
2020-2021 Academic Catalog

BUAD 213 - Business Statistics

3 CR
A basic principles course emphasizing statistical techniques, particularly their application to business and economics. The study of descriptive statistics leads to an understanding of measures of dispersion and central tendency. With this background, the student progresses to probability and sampling theory leading to inferential statistics. Various tests of significance are studied including chi-square, analysis of variance, and the binomial distribution using real-world examples. Finally, the relationship between data is studied using regression and correlation analyses. The use of the computer will be introduced throughout the course. [24-24-48] Lab fee

Requisites: (1) Take BUAD 101  with at least a grade of C (AND) (2) Next Gen ACCUPLACER® quantitative reason score of at least 250, or 1 course from MATH 102 , MATH 105 , MATH 111 , MATH 112 , MATH 115 , MATH 125 , MATH 130 , MATH 132 , MATH 140 , MATH 141 , MATH 142 , MATH 241 , or MATH 242  with at least a grade of C.
General Education Requirement: Critical Thinking - Applied Core
Course Learning Outcomes:
  1. Explain basic statistical concepts, terms, and analysis techniques.
  2. Organize, summarize, interpret, and communicate his or her understanding of data analysis results.
  3. Apply probability techniques to determine possible outcomes for a decision.
  4. Interpret counting principles, the binomial distribution, the normal distribution, and the standard normal distribution.
  5. Utilize Microsoft Excel to perform data analysis and solve a variety of statistical problems.