MGMT 2262 - Statistics and Analytics for Business

Credit(s): 3
Lecture Hour(s): 3
Lecture Hours Schedule Type: Blended, Lecture, Online
Lab Hour(s): 1

Students are introduced to how data can be used to better understand business situations and to make evidence-based decisions. Topics include collecting data; cleaning and organizing data; making sense of data through visual and numerical summaries; utilizing linear regression to model business situations; introduction to decision analysis using probabilities, and drawing inferences using hypothesis tests and confidence intervals. This course emphasizes the application of statistical analysis to business situations, the understanding of which will be further enhanced through exposure to current statistical computer software.