BMA 140 Statistical Analysis for Business Decisions

Statistical data are either reported or interpreted in almost any journal and daily newspaper. Whether as a consumer or a future professional who performs data analysis, today’s world requires you to have a good understanding of the basic concepts of Probability and Statistics. The communication of the results in writing is as important as the numerical values obtained.

This course has three parts: Descriptive Statistics, Fundamentals of Probability Theory, and Probability Distributions. Each part must be well understood before attempting the next one. It is extremely important to work alone, not in groups. Once you tried to solve the problems, you may wish to compare your solutions with your classmates or request help from the instructor, the Math Help Center, the Business Help Center, or your friends.