Business Statistics


This course will introduce you to business statistics, or the application of statistics in the workplace. Statistics is how we gather, analyze, and interpret data. If you have taken a statistics course in the past, you may find some of the topics in this course familiar. You can apply statistics to any number of fields, from anthropology to hedge fund management, because many of us interpret data best when it is presented in an organized fashion
Using statistics, we can learn a lot more about how data is organized. To do that, we will use statistical tools to analyze data, draw conclusions, and make predictions of the future. The course will begin with data distributions, followed by probability analysis, sampling, hypothesis testing, inferential statistics, and regression.


You will learn how to apply statistics in multiple workplaces.
Learn how to gather, analyze and interpret data.
Learn how data is organized, analyzed and learn to draw conclusions to make predictions of the future.
Course Content:

Unit 1: Introduction to Statistical Analysis

Unit 2: Counting, Probability, and Probability Distributions

Unit 3: The Normal Distribution

Unit 4: Sampling and Sampling Distributions

Unit 5: Estimation and Hypothesis Testing

Unit 6: Correlation and Regression


Holmes, A., Illowsky, B., & Dean, S. (2017). Introductory Business Statistics. OpenStax.

Newbold, P., Carlson, Carlson, W. L., & Thorne, B. M. (2006). Statistics for Business and Economics. Prentice Hall.

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