Statistics is a branch of mathematics that has applications in almost every facet of our daily life. It is a new and unfamiliar language for most people and, like any new language, can seem overwhelming at first glance. But once the language of statistics is learned and understood, it provides a powerful data analytic tool in many different fields of application and for understanding the world. It transforms numbers into valuable information that decision makers such as policymakers, business managers and sports team managers can incorporate into their decisions. Statistics enables them to learn from large quantities of data, to measure and communicate risks and, subsequently, to take action towards mitigating undesired risks.
BA 351 is the second course in a yearlong sequence dealing with business and economic statistics. It is designed to help you learn the language of statistics and focuses on the principles of descriptive statistics, probability and statistical inference developed in BA 350, with an emphasis on business and economic applications of statistical analysis. The overarching goals of the course are to enhance your ability to manage and interpret data, to facilitate your ability to translate data into relevant information and to enable you to draw appropriate inferences from data.
Berensen, M. L., Levine, D. M., Krehbiel, T. C., Basic Business Statistics: Concepts and Applications, 12th Edition
Homework Assignments & Exams Dates
Homework 9 Due February 7
Homework 10 Due February 16
Midterm 1 March 2
Homework 11 Due March 23
Homework 12 Due March 30
Midterm 2 April 11
Homework 13 Due April 18
Homework 14 Due May 2
Homework 15 Due May 2
Section 1 – May 9, Tuesday 1:30pm – 3:30pm
Section 2 – May 9, Tues. 8:30am – 10:30am
Section 3 – May 8, Mon. 11:00am – 1:00pm