Course

Course Summary
Credit Type:
Course
ACE ID:
ICS-0044
Organization:
Penn Foster College
Location:
Online
Length:
Self-paced (52 weeks)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 business statistics
Description

Objective:

The course objective is to provide an introduction to business statistics, including the presentation of data, frequency distribution, averages, dispersion and skewness, index numbers, time series analysis, correlation and forecasting, linear regression, and the theory of probability and statistical inference.

Learning Outcomes:

  • demonstrate effective written skills
  • demonstrate a high level of inquiry, analytical, and problem-solving skills
  • show the methods of collecting data and visualizing of qualitative data in statistics
  • analyze the methods of computing probability for discrete and random variables
  • apply sampling distribution methods, estimation, and hypothesis testing in business applications
  • point out the process of computing inferences, linear regression, and least square.

General Topics:

  • Data
  • Description, collection, and sampling
  • Probability
  • Sampling distributions and estimation
  • Hypothesis testing
  • Inferences and linear regression
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Classroom Exercise
  • Lectures

Methods of Assessment:

  • Examinations
  • Quizzes
  • proctored exam

Minimum Passing Score:

70%
Supplemental Materials

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