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May 15, 2024
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QMET 505 - Foundations of Statistical Analysis for Business Decisions
3 Credit(s). 0 Hour(s) Lab. 3 Hour(s) Lecture.
Fundamentals of the use of statistics for improving business decisions under conditions of uncertainty. Topics covered include sampling distributions, probability concepts, statistical concepts and inferences, tests of significance, correlations and regression, forecasting and analysis of variance. Computer assisted quantitative analysis will be used and previous course in calculus is required.
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