| Course ID: | MSIT 3000H. 3 hours. |
| Course Title: | Statistical Analysis for Business I (Honors) |
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: | STAT ANA BUS I H |
| Duplicate Credit: | Not open to students with credit in MSIT 3000 or MSIT 3001 or MSIT 3001H or STAT 3000 |
| Nontraditional Format: | Honors Program students meet for additional break-out sessions. |
| Prerequisite: | (ACCT 2101 or ACCT 2101H) and (MIST 2090 or MIST 2190H or CSCI 1100-1100L) and permission of Honors |
| Pre or Corequisite: | (MARK 3000 or MARK 3000H) and (MGMT 3010 or MGMT 3020 or MGMT 4010 or MGMT 4020) |
Semester Course
Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | This course is an introduction to elementary statistical procedures and reasoning.
Effective decision-making 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 |