The focus of the course is on inferential statistics with introduction to correlation and simple linear regression as well as quantitative business forecasting techniques.

Topics include:

  • Inference procedures for two populations
  • estimation and testing for population proportions
  • analysis of variance
  • correlation and simple linear regression
  • introductory time series analysis and index numbers
  • introductory quantitative business forecasting
  • non-parametric statistics and decision-making under uncertainty

Text:

  • Kazmier, L.J., 2004, Business Statistics, Tata Mcgraw-Hill Publishing Company Limited, 4th edition.