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May 07, 2024
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2022-2023 Catalog [ARCHIVED CATALOG]
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BUSN 231 - Business Statistics II
PREREQUISITES: BUSN 230 - Business Statistics
PREREQUISITES/COREQUISITE: MATH 201 - Brief Calculus I
PROGRAM: Business Administration
CREDIT HOURS MIN: 3
LECTURE HOURS MIN: 3
DATE OF LAST REVISION: Fall, 2005
Focuses on Chi-Square applications, linear regression, multiple regression, and an analysis of variance. Students will be expected to apply a statistical package to topical applications.
MAJOR COURSE LEARNING OBJECTIVES: Upon successful completion of this course the student will be expected to:
- Conduct a test of hypothesis to determine whether the variances of two populations are equal.
- Construct and interpret an ANOVA table.
- Conduct a test of hypothesis among three or more treatment means.
- Develop confidence intervals for the difference in treatment means.
- Calculate and interpret the coefficient of determination, the standard error of the estimate (simple and multiple), confidence intervals, and prediction intervals.
- Conduct a test of hypothesis to determine whether the coefficient of correlation in the population is zero.
- Describe the relationship between independent and dependent variables in linear regression and multiple regression equations.
- Conduct a test of hypothesis on each of the coefficients in multiple regression models.
- List the characteristics of the chi-square distribution.
- Conduct a test of hypothesis comparing an observed set of frequencies to an expected distribution.
COURSE CONTENT: Topical areas of study include -
- F distribution
- ANOVA
- Confidence intervals
- correlation analysis
- Coefficient of Correlation
- Coefficient of Determination
- Least Squares Regression Analysis
- Standard Error of the Estimate
- Prediction intervals
- Multiple Regression Analysis
- Analysis of residuals
- Chi-square analysis
Course Addendum - Syllabus (Click to expand)
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