BA721: The Foundational Basis of Statistics

Credit Hours:
3
Estimated Hours Per Week:
20

Overview

Engaging candidates in the study and application of statistical and analytical techniques used in decision-making, this course provides candidates with expertise in using statistical analysis methods and tools. Topics covered in the course include:

  • Describing data
  • Probability
  • Continuous data
  • Interval estimates on the data-confidence intervals
  • Estimation and hypothesis testing on population means

The course project, Presentation: Applying Descriptive and Inferential Statistical Techniques, is a comprehensive analysis of a project data set and an accompanying written report. The components of the project are developed over the length of the course and include dataset selection, data analysis and testing, and results interpretation.

Course Learning Objectives

Upon successful completion of this course, students will be able to:

  • Organize data for analysis
  • Interpret and explain statistical computations.
  • Apply statistical techniques to management decisions.
  • Define statistics and distinguish its use in measurement.
  • Analyze and summarize data using descriptive statistics and graphical techniques.
  • Develop solutions to business problems using probability and probability distributions.
  • Analyze and recommend different types of sampling.
  • Synthesize and interpret interval estimates for means, proportions and variances.
  • Synthesize and interpret hypothesis tests for means, proportions and variances.
  • Describe the relationship between hypothesis testing and confidence intervals.
  • Utilize analysis of variance and experimental design in assessing the equality of three or more means.
ENROLLMENT
To enroll in this course, please complete the online application.

Required Texts
BA721 texts are available from the JIU/Follett Bookstore