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Montclair State University

INFO 240: Statistical Methods in Business

INFOOnline Asynchronous

Professor

Srinivasan, Purnima

Credits

3

Mode

Online Asynchronous

Tuition

$2,640

Course Description

Prerequisite(s): MATH 100, BUS 125, or a score of 61 or higher on the ALEKS Math Placement Test. This course is a comprehensive introduction to the application of modern statistical methods used in enumerative and analytic studies in business. Topics covered include: use of percentages, proportions, rates, ratios and indices; descriptive statistical methods of data analysis; probability; an introduction to discrete and continuous probability distributions; the normal distribution; classical statistical inference - sampling distributions, confidence interval estimation and hypothesis testing for the mean and the proportion and for differences in two means and differences in two proportions; an introduction to control charts. Spreadsheet software is integrated in all topics. Satisfies Mathematics GenEd requirement; satisfies SEEDS Quantitative Reasoning student learning outcome in alignment with Educated Citizenry value. Special fee. Section information text: IMPORTANT SECTION DETAILS: Visiting students may register without permission from department._ COURSE DESCRIPTION: Prerequisite(s): MATH 100 or a score of 61 or higher on the ALEKS Math Placement Test. This course is a comprehensive introduction to the application of modern statistical methods used in enumerative and analytic studies in business. Topics covered include: use of percentages, proportions, rates, ratios and indices; descriptive statistical methods of data analysis; probability; an introduction to discrete and continuous probability distributions; the normal distribution; classical statistical inference - sampling distributions, confidence interval estimation and hypothesis testing for the mean and the proportion and for differences in two means and differences in two proportions; an introduction to control charts. Spreadsheet software is integrated in all topics. Satisfies Mathematics GenEd requirement; satisfies SEEDS Quantitative Reasoning student learning outcome in alignment with Educated Citizenry value. Special fee.

Prerequisites

  • for INFO240 ( Course or Test: Mathematics (MATH) 100 Minimum Grade of D- May not be taken concurrently. MSU Interm. Algebra 0010 to 0010 May not be taken concurrently. Math Placement Test 61 to 100 May not be taken concurrently. ) or ( Course or Test: Business - BC (BUS) 125 Minimum Grade of D- May not be taken concurrently. )
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