Course

Business Statistics I

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An introduction to the business use of statistical concepts and tools, this course covers the basic concepts of descriptive statistics--such as means and variances, uses of probability, and statistical inference--and their application to business processes and decisions. In addition, the course addresses the use of statistical estimation techniques, decision theory (hypothesis-testing process), and the use of regression and correlation.

Formerly "General Statistics I."

Note(s): Professional Credit: HRCI--PHR, SPHR and GPHR strategic recertification credit.