Statistics is one of the most important analytical tools business people use to solve everyday business problems. Many areas of business are becoming increasingly dependent on data. Learn how to get information from data and interpret statistical results, and you will be able to make informed decisions. This course is designed so that all major topics in introductory applied statistics can be covered in a single semester. Areas covered include data analysis and acquisition, descriptive and numerical methods, statistical inference, regression analysis and statistical process control. Following American Statistical Association guidelines on making statistics more effective in schools of business, the course focuses on fostering statistical thinking, not just teach methods. Attention is given to the analysis of business data and interpretation of the results, with less emphasis on calculations. Because of the important role software packages play in the computation and presentation of statistical results, the course shows how to perform statistical analysis with
Microsoft Excel, a modern spreadsheet.