Time Schedule:
Gerald P Madden
T BUS 301
Tacoma Campus
Provides statistical tools to analyze business problems and enhance decision-making. Utilizes an applied approach to organize, explore, and analyze data, design experiments, and surveys, understand estimations and significance tests, and use quantitative methods.
Class description
Basic statistics and their application to solving business problems. Includes data analysis, inference from sample to population, introduction to probability, and simple linear regression for assessing relationships between variables commonly encountered in various functional areas.
Student learning goals
General method of instruction
Lectures and illustration of business problems and methods of solution. Includes the use of Microsoft Excel as a tool for presenting data visually, performing calculations, and retrieving output to be interpreted in order to solve problems.
Recommended preparation
The assigned text readings must be read in advance of the lecture on the topic. Assigned homework must be completed after the topic is lectured, and before the following class session. Answers to self-test and even numbered exercises are shown in Appendix D, text pp. 678-707.
Class assignments and grading
Text readings and problems to be solved, many using Microsoft Excel. Procedures for using Excel are presented throughout the text after a topic is presented. In addition Appendix E, pp. 708-711, describes Using Excel Functions.
Quizzes and examinations
