

Course ID:  MSIT 3000E. 3 hours. 
Course Title:  Statistical Analysis for Business I 
Course Description:  Application of statistics to business. Descriptive statistics,
sampling procedures, random variables, sampling distributions
of the means and proportions, estimation and inference, simple
linear regression, an introduction to multiple regression, and
categorical data models are emphasized. A current statistical
software package for microcomputers is utilized to analyze
business data. 
Oasis Title:  Statistical Analysis for Bus I 
Duplicate Credit:  Not open to students with credit in MSIT 3000, MSIT 3000H, MSIT 3001, MSIT 3001H, STAT 3000 
Nontraditional Format:  This course will be taught 95% or more online. 
Prerequisite:  ACCT 2101 or ACCT 2101H or ACCT 2101E 
Semester Course Offered:  Offered every year. 
Grading System:  AF (Traditional) 

Course Objectives:  This course is an introduction to elementary statistical
procedures and reasoning. Effective decisionmaking requires
the correct interpretation of data and statistical output.
Provides the statistical foundations needed to employ basic
methods of sound empirical analysis. Includes descriptive
statistics, probability, inferential statistics, and regression
analysis. 
Topical Outline:  Introduction to Statistics
Descriptive Statistics
Graphical description
Central tendency
Variation
Relative standing
Probability
Distribution Functions
Binomial
Normal
Sampling distributions
Inferential Statistics
Confidence intervals
Hypothesis testing
Regression Analysis 