Introduction to Statistics

The Introduction to Statistics course introduces statistics as a tool for decision-making. The first part of this course reviews how to collect, present, and organize data. It explores measures of central tendency and dispersion and how to calculate them. The course concentrates on representing data visually by creating and interpreting charts and graphs, exploring relationships found in data through correlation analysis, and assigning probability and calculating the likelihood of the occurrence of events. This knowledge is applied in solving problems and making decisions based on quantifiable data.

Course Outline

• Overview of Business Statistics
• Business Statistics Terminology
• Collecting and Organizing Data
• Presentation of Statistical Data
• Problem-solving Using Statistics