Course:Business Statistics 1

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Contents

Description

In today's business environment, employees, managers and business leaders are faced with ever-increasing amounts of data about all aspects of their businesses. The most successful of those people know which data to analyze, they know how to turn that data into useful information, and they are able to communicate the result in ways that enable both a strong understanding of an important decision and the best possible outcome.

This course provides students with a first introduction to applied statistics, so they can gain the skills and tools required to make the best possible decisions based on the data and information that will be available to them. It introduces descriptive and inferential statistical analysis while emphasizing thinking skills and computer literacy. Topics include probability theory, simple random samples, discrete and continuous random variables, the Central Limit Theorem, confidence intervals, and hypothesis testing.

Don't worry if you haven't studied these topics before or if the whole thing sounds a little crazy at the start – the course has been designed to build on what you already know and to make it clear what levels of performance are required each step of the way. Additionally, emphasis is placed on making decisions relevant to business situations, and on carrying out the analyses using state-of-the-art statistical software - so, whether you want to be better at your current job, convince someone to hire you, or start your own business, you'll be better off for having taken this course.

Schedules

The following schedules are tentative. Check back often and expect them to change from week to week.

Mount Royal College

Winter 2009


Fall 2008


Winter 2008


Fall 2007


Assumptions

If you are using this course material as part of a credit course at a university or college:

  • It is assumed that:
    • You will have access (through a protected course website such as Blackboard) to a formal course outline that provides requirements and recommendations that are specific to your instructor and institution
    • Your instructor or institution will advise you how to access to any copyrighted materials used in the course that are not freely available

Otherwise:

  • It is assumed that:
    • You have a background equivalent to or greater than students in their fourth year of a comprehensive business program
    • You understand that Shex.org does not offer a distance education program
    • You understand that although you can access all of these course materials for your own learning purposes, you will not receive a course credit from Shex or any educational institution
    • You will not participate in the lectures or tutorials
    • You will make your own arrangements to gain access to any copyrighted materials
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