Applied business statistics

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Objectives

Understanding of the basic concepts of statistics and probability theory related businesses. Which are the basis for many of the courses and applications in business administration and marketing.

Prerequisites

There is no prerequisite course. Recommended: Mathematics.

Syllabus

Events, definition of probability, conditional probability, independence, random variables, distributions, functions of random variables, probability theorems, estimation, central limit theorem. Descriptive statistics, population, sample and frequency distributions, statistical parameters. Theoretical distributions (Binomial, Poisson and normal). Estimations, confidence intervals, statistical hypotheses. Linear regression. Clustering.