 Searching Current Courses For Fall 2011 

Course: 
BUS 226


Title:  Business Statistics 

Long Title:  Business Statistics 

Course Description:  Focuses on statistical study, descriptive statistics, probability, and the binominal distribution, index numbers, time series, decision theory, confidence intervals, linear regression, and correlation. Intended for the business major. 

Min Credit:  3 

Max Credit:  
STANDARD COMPETENCIES:
I. Describe the nature and implication of basic principles of statistics and how they play an important role in our daily lives
II. Organize and summarize data, and represent graphically the important information contained in a data set
III. Compute numerical quantities that measure he central tendency and dispersion of a set of data
IV. Understand the basic properties of probability
V. Determine probabilities using postulates, rules of probability and various probability distribution tables
VI. Distinguish between discrete and continuous variables
VII. Compute the mean and standard deviation of a probability distribution
VIII. Test hypotheses by using the appropriate distribution and constructing confidence intervals about means, standard deviations, and proportions
IX. Use methods for estimating some population parameters
X Understand and apply the basic concepts of statistical inference to the decision making process
XI. Fit a leastsquare line to a set of data and interpret the coefficient of correlation
XII. Use a statistical software package in performing statistical computations
TOPICAL OUTLINE:
I. The nature of probability and statistics
II. Frequency distributions and graphs
III. Data description
IV. Counting techniques
V. Probability
VI. Probability distributions
VII. The normal distribution
VIII. Confidence intervals and sample size
IX. Hypothesis testing
X Testing the difference between means, variances, and proportions
XI. Correlation and regression
XII. Chisquare and analysis of Variance (ANOVA)

Arapahoe Community College 
ACC 

Community College of Aurora 
CCA 

Colorado Community College Sys 
CCCS 

Community College of Denver 
CCD 

Colorado Northwestern CC 
CNCC 

Front Range Community College 
FRCC 

Lamar Community College 
LCC 

Morgan Community College 
MCC 

Northeastern Junior College 
NJC 

Otero Junior College 
OJC 

Pueblo Community College 
PCC 

Pikes Peak Community College 
PPCC 

Red Rocks Community College 
RRCC 

Trinidad State Junior College 
TSJC 
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