MATHEMATICS 216 - Statistics for Business Majors

Institution:

City Colleges of Chicago-Wilbur Wright College

Subject:

Description:

The basic concepts of statistical analysis used in business decision-making, including probability and how uncertainty is dealt within real life. The student will analyze and work out simple problems and should be able to recognize applications of different statistical techniques, interpret the results of analysis and recognize instances in which statistical techniques have been misused. The following concepts and statistical techniques are included: measure of central tendency and variability, random variable and probability distributions, estimation, tests of hypotheses, chi square tests, linear regression and correlations and one-way analysis of variance. Applications are included throughout the course. Problem solving with the use of calculators and computers is emphasized. Writing assignments, as appropriate to the discipline, are part of the course. Prerequisite: Math 144 with a grade of C or better, or Placement test, or Consent Department Chairperson. (IAI code: BUS 901) 200 minutes per week. 4 credit hours.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

ccc.edu/colleges/wright/pages/default.aspx

Phone Number:

(773) 777-7900

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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