STAT 3090
Introductory Business Statistics
After completing this course, students will be able to
1. Identify and distinguish between types of variables, and know which types of variables are required for statistical techniques
2. Explain and apply measures of central tendency, spread, and relative standing and how these different measures relate to each other in various distribution patterns
3. Apply rules of probability, and extend those principles to discrete and continuous probability distributions
4. Explain and apply the concept of sampling distributions and their role in developing confidence intervals and use in hypothesis testing, correctly utilizing the Normal, T or Chi Squared distributions
5. Calculate and interpret confidence intervals for the mean, proportion, and the difference between two proportions
6. Identify the correct statistical test to be used for hypothesis testing for mean, difference between two means, proportion, and standard deviation
7. Clearly interpret the results of statistical analysis in context of the original research question
8. Correctly and appropriately use correlation and linear regression techniques, including inference on the models
The Fall 2024 exam dates are:
Midterm Exam 1 – Monday September 23 at 5:30 pm
Midterm Exam 2 – Monday October 21 at 5:30 pm
Midterm Exam 3 – Monday November 18 at 5:30 pm
Final Exam – Monday December 9 at 7 pm
Note these tests may contain material not covered in your current semester. Also, these tests come from a different textbook. Therefore, some terminology may be slightly different.
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