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# Department of Statistics

## Stat 206

206—Elementary Statistics for Business. (3) (Prerequisites: MATH 111 or higher, or consent of department) An introduction to fundamental statistical methods with applications in business.  Topics include descriptive statistics, probability, inference, linear regression, and ANOVA.

Course Homepage:

Usually Offered: Fall and Spring Semesters

Purpose: To give students in business fields a non-calculus based introduction to the application of modern statistical methods including descriptive and inferential statistics. To show students that statistics is an important research tool within business.

Current Textbook: (BLS) Basic Business Statistics, (13th Edition), Berenson M.L., Levine, D.M., and Szabat, K.A. with MyStatLab Access Code: ISBN-9780133869460

 Topics Covered Chapters Time Descriptive statistics including graphical and numerical methods BLS 1,2,3 2 weeks Basic probability: sample space, laws of probability, conditional probability, tree diagram, independence BLS 4 0.7 weeks Discrete random variables, mean and variance, binomial distribution BLS 5 0.7 weeks Continuous random variables, normal distribution BLS 6 1 week Sampling distributions of sample mean and sample proportion, central limit theorem BLS 7 1.3 weeks Point and confidence interval estimation of mean and population, t distribution BLS 8 1.3 weeks One sample hypothesis tests for mean and proportion, p-values BLS 9 1.3 weeks Comparing two treatments, independent and dependent sample designs BLS 10 2 weeks Simple linear regression and correlation BLS 13 1 week Chi-Square statistics, 2 or more populations, independence BLS 12 0.7 weeks Nonparametric methods, independent and dependent designs BLS 12 1 week

The above textbook and course outline should correspond to the most recent offering of the course by the Statistics Department. Please check the current course homepage or with the instructor for the course regulations, expectations, and operating procedures.

Contact Faculty: Gail Ward-Besser