This foundational course solidifies students¿ knowledge of basic statistical concepts and applications, which is necessary to development of robust data analytic skills and competencies. It encompasses a review of descriptive univariate statistics, bivariate measures of association, and introductory multivariate analyses; moreover, it also strengthens students' understanding of the concepts of statistical estimation and inference, tests of difference, statistical significance, and hypothesis testing. The course makes extensive use of real life industry data, with the goal of anchoring students¿ learning in demonstrating how statistical concepts and basic tenets of probabilistic problem solving are used in everyday business contexts.
Continuing Education Units (CEU) :