Prerequisite: MTH 146

Examines both descriptive and inferential statistics as applied to business. Topics include graphical and tabular methods of data presentation, probability theory and distributions, hypothesis testing, analysis of variance, regression and forecasting. Emphasis is placed on concepts, applications, and the proper use of statistics to collect, analyze, and interpret data. Throughout this course students will use computer software to perform statistical analyses. Students will learn how to make decisions using facts and the techniques of data analysis. Students will also use the internet to supplement classroom learning.