Intro Business Statistics
INTRODUCTORY BUSINESS STATISTICS COURSE
Get a Full Microlearning Course that is available entirely within your own learning environment (LMS) or ours.

The Introductory Business Statistics course contains 74 self-grading microlearning lessons that work instantly inside your Learning Management System (LMS).

Introductory Business Statistics is designed to meet the scope and sequence requirements of the one-semester statistics course for business, economics, and related majors. Core statistical concepts and skills have been augmented with practical business examples, scenarios, and exercises. The result is a meaningful understanding of the discipline, which will serve students in their business careers and real-world experiences.

Introductory Business Statistics places a significant emphasis on the development and practical application of formulas, so that students have a deeper understanding of their interpretation and application of data. To achieve this unique approach, we’ve included a wealth of additional material and purposely deemphasized the use of the scientific calculator.

Teachers can get a single, discounted license for this course hosted with us. Learn more.
Schools can get unlimited access to every lesson in this course for their entire institution with our Microlearning Library App. Learn more.

  • Definitions of Statistics, Probability, and Key Terms
  • Data, Sampling, and Variation in Data and Sampling
  • Levels of Measurement
  • Experimental Design and Ethics
  • Final Assessment

GET THESE LESSONS FREE IN THE APP!

  • Display Data
  • Measures of the Location of the Data
  • Measures of the Center of the Data
  • Sigma Notation and Calculating the Arithmetic Mean
  • Geometric Mean
  • Skewness and the Mean, Median, and Mode
  • Measures of the Spread of the Data
  • Final Assessment
  • Terminology
  • Independent and Mutually Exclusive Events
  • Two Basic Rules of Probability
  • Contingency Tables and Probability Trees
  • Venn Diagrams
  • Final Assessment
  • Hypergeometric Distribution
  • Binomial Distribution
  • Geometric Distribution
  • Poisson Distribution
  • Final Assessment
  • Properties of Continuous Probability Density Functions
  • The Uniform Distribution
  • The Exponential Distribution
  • Final Assessment
  • The Standard Normal Distribution
  • Using the Normal Distribution
  • Estimating the Binomial with the Normal Distribution
  • Final Assessment
  • The Central Limit Theorem for Sample Means
  • Using the Central Limit Theorem
  • The Central Limit Theorem for Proportions
  • Finite Population Correction Factor
  • Final Assessment
  • A Confidence Interval for a Population Standard Deviation, Known or Large Sample Size
  • A Confidence Interval for a Population Standard Deviation Unknown, Small Sample Case
  • A Confidence Interval for A Population Proportion
  • Calculating the Sample Size n: Continuous and Binary Random Variables
  • Final Assessment
  • Null and Alternative Hypotheses
  • Outcomes and the Type I and Type II Errors
  • Distribution Needed for Hypothesis Testing
  • Full Hypothesis Test Examples
  • Final Assessment
  • Comparing Two Independent Population Means
  • Cohen’s Standards for Small, Medium, and Large Effect Sizes
  • Test for Differences in Means: Assuming Equal Population Variances
  • Comparing Two Independent Population Proportions
  • Two Population Means with Known Standard Deviations
  • Matched or Paired Samples
  • Final Assessment
  • Facts About the Chi-Square Distribution
  • Test of a Single Variance
  • Goodness-of-Fit Test
  • Test of Independence
  • Test for Homogeneity
  • Comparison of the Chi-Square Tests
  • Final Assessment
  • Test of Two Variances
  • One-Way ANOVA
  • The F Distribution and the F-Ratio
  • Facts About the F Distribution
  • Final Assessment
  • The Correlation Coefficient r
  • Testing the Significance of the Correlation Coefficient
  • Linear Equations
  • The Regression Equation
  • Interpretation of Regression Coefficients: Elasticity and Logarithmic Transformation
  • Predicting with a Regression Equation
  • How to Use Microsoft Excel® for Regression Analysis
  • Final Assessment

Teachers can get a single license for this course through our discounted hosting plan. Learn more.

Would you like more information on getting this course or the entire Microlearning Library? Contact us today.

Get unlimited access to every lesson in this course for your entire institution with our Microlearning Library App. Install it in your LMS and try lessons free.