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Jun 07, 2025
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BUS 224 - Business Statistics(3 Credits)
Lecture: 3 credit hours per week
IIntroduces methods of probability assessment and statistical inference. Includes data presentation; descriptive statistics; basic probability concepts; discrete and continuous probability distributions; decision theory; estimation and sampling distributions; Central Limit Theorem; simple linear regression and hypothesis testing for a single sample or population. Emphasizes business and economic applications. Utilizes computer software as a tool for problem-solving.
Prerequisite(s): Prerequisite: MTH 161
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