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Foundations of Business Statistics (3 Credits)

MBAF 510

The objective of this course is to familiarize students with statistical data analysis methods and the corresponding computing tools and techniques. The topics of the course are exploratory data analysis, discrete and continuous probability distributions for the purpose of statistical data analysis, interval estimation of population means and proportions, hypothesis testing of population means and proportions and one-way analysis of variance of population means, linear regression modeling, analysis and prediction and time-series forecasting. This course is designed to meet a prerequisite of the MBA program. The course is open to students who have completed an undergraduate degree in a field other than business. Permission of MBA program director is required.