Objective:

Upon the completion of this course you should be able to:

1. Frame and formulate management decision problems.
2. Understand the basic concepts underlying quantitative analysis.
3. Use sound judgment in the applications of quantitative methods to management decisions.

Interpret and evaluate results of quantitative analysis.

1. Lesson 1 Data Description
   
2. Lesson 2 Descriptive Statistics
   
3. Lesson 3 Hypothesis Testing
   
4. Lesson 4 Regression Basics
   
5. Lesson 5 Multiple Regression
   
6. Lesson 6 Hypothesis Testing
   
7. Lesson 7 Introduction to Probability
   
8. Lesson 8 Discrete and Continuous Probability Distributions
   
9. Lesson 9 Comparisons Involving Means
   
10. Final Exam

Course Description:

Statistics is a course that is designed to give you the basic tools of collecting, analyzing, presenting, and interpreting data. In the business community, managers must make decisions based on what will happen to such things as demand, costs, and profits. These decisions are an effort to shape the future of the organization. If the managers make no effort to look at the past and extrapolate into the future, the likelihood of achieving success is slim. In other words, there are four reasons why we need to understand statistics.